Jennifer Ames Sells SFR On N. State Pkwy, Chicago For $3.25M
SOLD
$3,250,000
Illinois
See Similar DealsDevelopment Site9,750 SF
Sold 08/27/2020
SOLD
Jennifer Ames Sells SFR On N. State Pkwy, Chicago For $3.25M
1441 North State Parkway, Chicago, IL 60610, USA
See Similar DealsDevelopment Site9,750 SF
Sold 08/27/2020
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$333
Total Square Footage:9,750 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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