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Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago
SOLD
Illinois
See Similar DealsLand7,840 SF
Sold 04/25/2024
SOLD
Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago
2601 North California Avenue
See Similar DealsLand7,840 SF
Sold 04/25/2024
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.
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Deal Type
30 years
10 years
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
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