Updated Dec 21, 2023
Mary Mac Diarmid & Thomas Moran Acquire Development Site In Chicago For $2.6M
1718 North Dayton Street, Chicago, IL 60614
$2,600,000
$433/SF
Building Size
6,000 SF
Asset Type
Development Site
Closing
May 19, 2020
About this deal
AI
The development site located at 1718 N Dayton St in Chicago has been sold for a price of $2,600,000. The property consists of a development site with a building size of 6,000 BSF. The market value of the asset is $433 per PPBSF.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,600,000
- Address: 1718 N Dayton St
- Market: Chicago
- Building Size: 6,000 BSF
- Price per BSF: $433
The sale was handled by Mary Mac Diarmid and Thomas Moran of Properties. They represented the buyer and seller in this transaction.
On the Map
$2,600,000
$433/SF
Development Site
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Players
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93