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1441 North State Parkway, C...

Jennifer Ames Sells SFR On N. State Pkwy, Chicago For $3.25M
SOLDDevelopment Site

Jennifer Ames Sells SFR On N. State Pkwy, Chicago For $3.25M

1441 North State Parkway, Chicago, IL 60610, USA

$3,250,000

$333/SF

Building Size

9,750 SF

Asset Type

Development Site

Closing

Aug 26, 2020

AI

A single-family home located at 1441 N. State Pkwy in Chicago was recently sold for $3,250,000. The property spans a total of 9,750 square feet, resulting in a price per square foot of $333.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $3,250,000
  • Square Footage: 9,750
  • Price per Square Foot: $333
  • Address: 1441 N. State Pkwy, Chicago

The buyer of the property was represented by Sally O'Donnell Properties, while Jennifer Ames from Engel & Voelkers Chicago acted as the seller's representative.

Players

Jennifer Ames

Engel & Völkers

Broker

$49.3M

vol

10 deals

Broker

Chicago Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93