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2214 North Fremont Street, ...

Updated Dec 19, 2023

@properties Brokers $1.2M Sale Of Land At 2214 N. Fremont St. In Chicago
SOLDDevelopment Site

@properties Brokers $1.2M Sale Of Land At 2214 N. Fremont St. In Chicago

2214 North Fremont Street, Chicago, IL, USA

$1,200,000

$459/SF

Building Size

2,613 SF

Asset Type

Development Site

Closing

Dec 10, 2020

About this deal

AI

2214 N. Fremont Street in Chicago has recently been sold for $1,200,000. The transaction took place on 12/11/2020. The property, a land asset, was marketed for sale. The sale was facilitated by Suzanne Gignilliat from @properties.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,200,000

Suzanne Gignilliat, representing @properties, played a crucial role in the sale of 2214 N. Fremont Street. With her expertise, she successfully closed the deal, contributing to the successful transaction of the property.

The development site sale at 2214 North Fremont Street, Chicago, IL, USA in Chicago, Illinois sold for $1.2M in 2020. The building is 2,613 square feet, implying about 459 per square foot on the published price. Suzanne Gignilliat, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Chicago, Illinois file for the 2214 North Fremont Street, Chicago, IL, USA development site sold: pricing, party profiles, and other closed development site comps from the same Chicago sit in the Market section below. Filter that Chicago development site set by closing date to see what else sold near 2214 North Fremont Street, Chicago, IL, USA around 2020. Published consideration for 2214 North Fremont Street, Chicago, IL, USA is $1.2M, dated 2020. Cite this @properties Brokers $1.2M Sale Of Land At 2214 N. Fremont St. In Chicago sale when underwriting similar development site product around Chicago, Illinois.

Players

Suzanne Gignilliat

At Properties Commercial

Broker

$11M

vol

3 deals

Broker

Chicago Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $459 per square foot on a published $1.2M for 2,613 square feet (2020).

Visit Suzanne Gignilliat to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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