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Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago

Property Image
SOLD
$1,080,000

Illinois

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Land7,840 SF
Sold 04/25/2024
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Property Image
SOLD

Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago

2601 North California Avenue

See Similar Deals
Land7,840 SF
Sold 04/25/2024
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Summary

ILLINOIS
Asset Type:Land
Price Per Square Foot:$137
Total Square Footage:7,840 SF
Transaction Type:Sale

A land parcel located at 2601 North California Avenue in Chicago was sold for $1,080,000. The property spans 7,840 square feet, resulting in a price per square foot of $138.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,080,000
  • Address: 2601 North California Avenue
  • Market: Chicago

Tal Haimovitch of Dream Town Real Estate represented the buyer, while Moshe Weinberger of Strauss Realty represented the seller in this transaction.

Players

Moshe (MJ) Weinberger
3 deals$6.8M volume(773) 736-3600
BROKER

Tal Haimovitch
Dream Town Real Estate
1 deal$1.1M volume(773) 644-1134
BROKER

Details

SOLD
IMAGE: Moshe Weinberger & Tal Haimovitch DATE: 04/25/2024 ADDRESS: 2601 North California Avenue MARKET: Chicago ASSET TYPE: Land BUYER'S REP: Tal Haimovitch - Dream Town Real Estate (@DreamTownChicago) SELLER'S REP: Moshe Weinberger - Strauss Realty SALE PRICE: $1,080,000 SF: 7,840 ~ PPSF: $138 NOTE: In Chicago, a land parcel located at 2601 North California Avenue was sold for $1,080,000, with a price per lot square foot of $138. Tal Haimovitch of Dream Town Real Estate represented the buyer, while Moshe Weinberger of Strauss Realty represented the seller in this transaction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$57,600.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01