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2214 North Fremont Street, ...

@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

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.

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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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