Updated Dec 20, 2023
Coldwell Banker Acquires Development Site On North Elston Avenue & Augusta Boulevard For $660K
936 North Elston Avenue, Chicago, Illinois 60642, United States
$660,000
$138/SF
Building Size
4,777 SF
Asset Type
Development Site
Closing
Mar 15, 2022
About this deal
AI
A development site located at 936 N Elston Avenue & 1111 W Augusta Boulevard in the North Branch/Goose Island neighborhood of Chicago has been sold for $660,000. The property is situated in a prime location in the market, offering potential for development.
Summary of transaction details
- Property Type: Development Site
- Sale Price: $660,000
- Address: 936 N Elston Avenue & 1111 W Augusta Boulevard
- Market: North Branch/Goose Island, Chicago
The deal was facilitated by James Hodur and Ben Miotti of Coldwell Banker, who represented the parties involved in the transaction.
Note: No additional details were provided regarding the size of the development site or any other specific characteristics.
Players
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
24.03%
Cash-on-Cash
-6.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93