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Land Property In Chicago Sold For $1.3M With Buyer's Rep Patrick Teets & Seller's Rep Joshua Feeney
SOLD
$1,300,000
Illinois
See Similar DealsLand
Sold 11/16/2023
SOLD
Land Property In Chicago Sold For $1.3M With Buyer's Rep Patrick Teets & Seller's Rep Joshua Feeney
3511 North Bosworth Avenue
See Similar DealsLand
Sold 11/16/2023
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
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