Land At 1851-53 North Leavitt St In Chicago Sold For $1.4M With Buyer's Rep Lester Lis & Seller's Rep Anna Styka
1851 North Leavitt Street
$1,400,000
Building Size
—
Asset Type
Land
Closing
Nov 3, 2023
AI
A piece of land located at 1851-53 North Leavitt Street in Chicago was sold for $1,400,000. The property, consisting of 0.11 acres, was purchased by an undisclosed buyer. The transaction was facilitated by Lester Lis of Kale Realty, representing the buyer, and Anna Styka of Anna Styka Broker, representing the seller.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,400,000
- Address: 1851-53 North Leavitt Street
- Market: Chicago
- Lot Size: 0.11 acres
Lester Lis of Kale Realty represented the buyer in this land sale, while Anna Styka of Anna Styka Broker acted as the seller's representative. The transaction price of $1,400,000 equated to a price per acre of $292. Additional information about the buyer and seller was not provided.
Players
Chicago Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93