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1851 North Leavitt Street

Land At 1851-53 North Leavitt St In Chicago Sold For $1.4M With Buyer's Rep Lester Lis & Seller's Rep Anna Styka
SOLDLand

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

Anna Styka

Anna Styka Broker

Broker

$1.4M

vol

1 deal

Broker

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