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
About this deal
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.
The land sale at 5035 North Lincoln Avenue in Chicago, Illinois sold for $2.6M in 2023. 5035 North Lincoln Avenue is classified as Land on Traded. Choudhry Muzaffar, Vu Trieu, Coldwell Banker, Homesmart Connect appear on the sale alongside Coldwell Banker, Homesmart Connect. This page is the Chicago, Illinois file for the 5035 North Lincoln 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 5035 North Lincoln Avenue around 2023. Published consideration for 5035 North Lincoln Avenue is $2.6M, dated 2023. Cite this Coldwell Banker Sells Vacant Land Property On North Lincoln Avenue In Chicago For $2.6M sale when underwriting similar land product around Chicago, Illinois.
On the Map
$2,600,000
Land
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Players
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93