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9332 Landings Lane

Engel & Völkers Chicago North Shore Facilitates $160K Condo Sale In Des Plaines, IL
SOLDCondo

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

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.

Players

Joe Gerber

Coldwell Banker

Broker

$18.6M

vol

17 deals

Broker
Engel & Völkers
Engel & VölkersBrokerage

Des Plaines Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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