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3511 North Bosworth Avenue

Land Property In Chicago Sold For $1.3M With Buyer's Rep Patrick Teets & Seller's Rep Joshua Feeney
SOLDLand

Land Property In Chicago Sold For $1.3M With Buyer's Rep Patrick Teets & Seller's Rep Joshua Feeney

3511 North Bosworth Avenue

$1,300,000

Building Size

Asset Type

Land

Closing

Nov 16, 2023

AI

A land property located at 3511 N Bosworth Ave in Chicago was sold for $1,300,000. The property has a lot size of 4,650 square feet, with a price per land square foot of $280.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,300,000
  • Lot Size: 4,650 square feet
  • Price per Land Square Foot: $280

Patrick Teets of Jameson Sotheby's International Realty represented the buyer, and Joshua Feeney of Hudson Burnham Real Estate represented the seller.

Players

Patrick Teets

Sotheby's International Realty

Broker

$3.7M

vol

3 deals

Broker

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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93