@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.
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