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1938 North Mohawk Street

Updated Dec 18, 2023

Matt Laricy - Americorp Real Estate Acquires SFR In East Lincoln Park, Chicago For $1.48M
SOLDCo-Op

Matt Laricy - Americorp Real Estate Acquires SFR In East Lincoln Park, Chicago For $1.48M

1938 North Mohawk Street

$1,480,000

$493/SF

Building Size

3,000 SF

Asset Type

Co-Op

Closing

Oct 10, 2022

About this deal

AI

The property involved in this closed transaction is a Single Family Residential (SFR) located at 1938 N Mohawk St Unit 1 in East Lincoln Park, Chicago, IL. The property spans approximately 3,000 square feet and was sold for a price of $1,480,000, resulting in a price per square foot of $493.

Summary of Transaction Details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $1,480,000
  • Address: 1938 N Mohawk St Unit 1
  • Market: East Lincoln Park, Chicago, IL

The buyer's representative in this transaction is Matt Laricy from Americorp Real Estate, while the seller's representative is Andrew Castillon from Keller Williams ONEChicago.

Players

Chicago Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $493 per square foot on a published $1.5M for 3,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.72%

Cash-on-Cash

-3.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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