Ryan McNaughton Of McNaughton Realty Acquires Land In Western Springs For $1,150,000
1219 Chestnut Street
$1,150,000
Building Size
—
Asset Type
Land
Closing
Jul 10, 2024
About this deal
AI
1219 Chestnut Street in Western Springs was recently sold for $1,150,000, presenting a great opportunity for potential homeowners to construct a custom dwelling on a generous 100 x 150 lot in the desirable Old Town region. The property comes with architectural blueprints that can be provided upon request, making it an attractive choice for individuals eager to bring their dream home to life.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,150,000
- Address: 1219 Chestnut Street
- Market: Western Springs
- Asset Type: Land
- Acres: 0.34
- Buyer's Rep: Ryan McNaughton - McNaughton Realty, Inc
- Seller's Rep: Deidre Rudich - Compass
Ryan McNaughton from McNaughton Realty, Inc acted as the buyer's representative in this transaction, while Deidre Rudich from Compass served as the seller's representative, facilitating the sale of this prime property in Western Springs. The deal, which closed on 07/10/2024, offered a promising opportunity for individuals looking to create a tailored living space in a highly sought-after neighborhood.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93