SOLDLand
Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago
2601 North California Avenue
$1,080,000
$137/SF
Building Size
7,840 SF
Asset Type
Land
Closing
Apr 25, 2024
AI
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
Chicago Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93