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2601 North California Avenue

Updated Dec 4, 2024

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

About this deal

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.

The land sale at 2601 North California Avenue in Chicago, Illinois sold for $1.1M in 2024. The building is 7,840 square feet, implying about 137 per square foot on the published price. Moshe (MJ) Weinberger, Tal Haimovitch, Dream Town Real Estate, Strauss Realty appear on the sale alongside Dream Town Real Estate, Strauss Realty. This page is the Chicago, Illinois file for the 2601 North California Avenue land sold: pricing, party profiles, and other closed land comps from the same Chicago sit in the Market section below. Filter that Chicago land set by closing date to see what else sold near 2601 North California Avenue around 2024. Published consideration for 2601 North California Avenue is $1.1M, dated 2024. Cite this Moshe Weinberger & Tal Haimovitch Facilitate $1.08M Land Sale In Chicago sale when underwriting similar land product around Chicago, Illinois.

Players

Moshe Weinberger

Strauss Realty

Broker

$6.8M

vol

3 deals

Broker

Chicago Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Deal FAQ

About $137 per square foot on a published $1.1M for 7,840 square feet (2024).

Visit Moshe (MJ) Weinberger to view all their deals.

Browse Chicago land sales on Traded.

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

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