Jennifer Ames Acquires SFR In Chicago's Huron Street For $2.8M
SOLD
$2,800,000
Illinois
See Similar DealsDevelopment Site7,000 SF
Sold 09/15/2020
SOLD
Jennifer Ames Acquires SFR In Chicago's Huron Street For $2.8M
444 West Huron Street, Chicago, IL, USA
See Similar DealsDevelopment Site7,000 SF
Sold 09/15/2020
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$400
Total Square Footage:7,000 SF
Transaction Type:Sale
A single-family residential property located at 444 W. Huron Street in Chicago has been sold. The transaction took place on September 15, 2020. The property was listed by Jennifer Ames from Engel & Voelkers Chicago.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,800,000
- Size: 7,000 square feet
- Price per square foot: $400
- Address: 444 W. Huron Street, Chicago
- Market: Chicago
This transaction involved a single-family residential property in the Chicago market. The property spans 7,000 square feet and was sold for $2,800,000, at a price of $400 per square foot. The deal was facilitated by Jennifer Ames of Engel & Voelkers Chicago.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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