SOLDLand
Coldwell Banker Sells Vacant Land Property On North Lincoln Avenue In Chicago For $2.6M
5035 North Lincoln Avenue
$2,600,000
Building Size
—
Asset Type
Land
Closing
Nov 15, 2023
AI
A vacant land property located at 5035 North Lincoln Avenue in Chicago was recently sold. The property covers 0.65 acres and was sold for $2,600,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,600,000
- Address: 5035 North Lincoln Avenue
- Market: Chicago
- Acres: 0.65
Vu Trieu of Homesmart Connect represented the buyer in this transaction, while Choudhry Muzaffar of Coldwell Banker served as the seller's representative.
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93