SOLDLand
Land Property In Chicago Sold For $1.175M With Buyer's Rep Michael Zolecki And Seller's Rep Jeanne Rickard
2119 South State Street
$1,175,000
Building Size
—
Asset Type
Land
Closing
Nov 15, 2023
About this deal
AI
A land property at 2119 South State Street in Chicago was sold for $1,175,000. The property has a lot size of 8,820 square feet, with a price per land square foot of $133.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,175,000
- Lot Size: 8,820 square feet
- Price per Land Square Foot: $133
- Address: 2119 South State Street, Chicago
Michael Zolecki of One Real Estate Chicago represented the buyer in this transaction, while Jeanne Rickard of Compass represented the seller.
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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93