Engel & Völkers Chicago North Shore Facilitates $160K Condo Sale In Des Plaines, IL
SOLD
$160,000
Illinois
See Similar DealsCondo1,100 SF
Sold 09/12/2022
SOLD
Engel & Völkers Chicago North Shore Facilitates $160K Condo Sale In Des Plaines, IL
9332 Landings Lane
See Similar DealsCondo1,100 SF
Sold 09/12/2022
Summary
ILLINOIS
Asset Type:Condo
Price Per Square Foot:$145
Total Square Footage:1,100 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$8,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$568.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$758.48
Annual Debt Service$9,101.78
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