Carrie McCormick Of @properties Sells Chicago Condo On N Lakeview Ave For $2.7M
2550 North Lakeview Avenue
$2,735,000
$962/SF
Building Size
2,843 SF
Asset Type
Condo
Closing
Aug 29, 2022
About this deal
AI
A 2,843 square foot condo located at 2550 N Lakeview Ave in Chicago has been sold. The transaction was facilitated by Carrie McCormick from @properties. The sale price for this condo was $2,735,000, resulting in a price per square foot of $962.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,735,000
- Square Footage: 2,843
- Address: 2550 N Lakeview Ave, Chicago
- Broker: Carrie McCormick - @properties
Carrie McCormick, representing @properties, played a key role in facilitating this condo sale in Chicago.
Chicago Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93