Engel & Völkers Chicago North Shore Facilitates $160K Condo Sale In Des Plaines, IL
9332 Landings Lane
$160,000
$145/SF
Building Size
1,100 SF
Asset Type
Condo
Closing
Sep 12, 2022
About this deal
AI
The property involved in the transaction is a condo located at 9332 Landings Ln, Des Plaines, IL. It was sold for a price of $160,000. The condo spans 1,100 square feet, resulting in a price per square foot of $145.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $160,000
- Address: 9332 Landings Ln, Des Plaines, IL
- Square Footage: 1,100
The broker involved in the deal is Joe Gerber from Gerber Group at Engel & Völkers Chicago North Shore.
On the Map
$160,000
$145/SF
Condo
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Players
Des Plaines 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
99.14%
Cash-on-Cash
-28.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93