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
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.
Players
Chicago Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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