Mike Larson Acquires SFR In Chicago For $6.775M
SOLD
$6,775,000
Illinois
See Similar DealsIndustrial10,360 SF
Sold 05/12/2021
SOLD
Mike Larson Acquires SFR In Chicago For $6.775M
460 W Huron St, Chicago, IL, USA
See Similar DealsIndustrial10,360 SF
Sold 05/12/2021
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$654
Total Square Footage:10,360 SF
Transaction Type:Sale
The single-family residence located at 460 W Huron in Chicago has been sold for a total price of $6,775,000. The property spans approximately 10,360 square feet, resulting in a price per square foot of $654.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,775,000
- Address: 460 W Huron, Chicago
- Market: Chicago
The buyer representative for this transaction was Mike Larson, while the seller representative was Sherri Hoke from JamesonSIR.
Please note that no additional information is available regarding this transaction.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$361,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,070.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,116.96
Annual Debt Service$385,403.48
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