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Scott Bates Of Swan Properties Sells Chicago Condo For $2.6M With Brokers Jeff Lowe And Lis Demiri

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SOLD
$2,600,000

Illinois

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Condo2,700 SF
Sold 03/24/2026
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Property Image
SOLD

Scott Bates Of Swan Properties Sells Chicago Condo For $2.6M With Brokers Jeff Lowe And Lis Demiri

1942 North Orchard Street

See Similar Deals
Condo2,700 SF
Sold 03/24/2026
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Summary

ILLINOIS
Asset Type:Condo
Price Per Square Foot:$963
Total Square Footage:2,700 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 1942 North Orchard Street Unit 3S in Chicago. The sale price of this property was $2,600,000, encompassing a total of 2,600 square feet, resulting in a price per square foot of $1,000.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,600,000
  • Square Footage: 2,600
  • Price Per Square Foot: $1,000
  • Seller: Scott Bates - Swan Properties
  • Seller's Representative: Jeffrey "Jeff" Lowe - Compass
  • Buyer's Representative: Lis Demiri - Compass

This transaction was represented by the interplay of key individuals in the real estate industry. Scott Bates acted as the seller, supported by Jeffrey "Jeff" Lowe from Compass, while Lis Demiri from Compass represented the buyer in this deal.

Players

Jeffrey "Jeff" Lowe
30 deals$95.8M volume
BROKER


1 deal$2.6M volume
SELLER

Details

SOLD
IMAGE: Jeff Lowe & Lis Demiri DATE: 03/24/2026 ADDRESS: 1942 North Orchard Street Unit 3S MARKET: Chicago ASSET TYPE: Condo SELLER: Scott Bates - Swan Properties BUYER'S REP: Lis Demiri (@LisDemiri) - Compass (@Compass) SELLER'S REP: Jeffrey "Jeff" Lowe (@LoweGroupChicago) - Compass SALE PRICE: $2,600,000 SF: 2,600 ~ PPSF: $1000

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
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