@properties Brokers $1.2M Sale Of Land At 2214 N. Fremont St. In Chicago
SOLD
$1,200,000
Illinois
See Similar DealsDevelopment Site2,613 SF
Sold 12/11/2020
SOLD
@properties Brokers $1.2M Sale Of Land At 2214 N. Fremont St. In Chicago
2214 North Fremont Street, Chicago, IL, USA
See Similar DealsDevelopment Site2,613 SF
Sold 12/11/2020
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$459
Total Square Footage:2,613 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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