Scott Bates Of Swan Properties Sells Chicago Condo For $2.6M With Brokers Jeff Lowe And Lis Demiri
1942 North Orchard Street
$2,600,000
$963/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
Mar 24, 2026
AI
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
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93