facebook
Traded Co logo
Submit
Daily limit: 0/10

Chicago Land Sale For $1.125M With Buyer's Rep Karen Biazar And Seller's Reps Paulette Edwards & Sybil Martin

Property Image
SOLD
$1,125,000
Karen Biazar
Paulette Edwards
Sybil Martin

Illinois

See Similar Deals
Land
Sold 08/01/2024
the dealplayerscompscontact
Property Image
SOLD

Chicago Land Sale For $1.125M With Buyer's Rep Karen Biazar And Seller's Reps Paulette Edwards & Sybil Martin

516 East Oakwood Boulevard

See Similar Deals
Land
Sold 08/01/2024
Karen Biazar
Paulette Edwards
Sybil Martin
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

A 0.74-acre parcel located at 516 East Oakwood Boulevard in Chicago's Bronzeville neighborhood sold for $1.125 million. This piece of land comprises seven vacant lots and is positioned for new development near key amenities and landmarks, making it appealing to investors.

Summary of transaction details:

This transaction involved key representatives from both sides, with Karen Biazar representing the buyer and Paulette Edwards alongside Sybil Martin representing the seller. The collaboration between North Clybourn Group and Coldwell Banker Realty facilitated this sale.

Players

Karen Biazar
North Clybourn Group
Karen Biazar
24 deals$34.4M volume
BROKER
Paulette Edwards
Coldwell Banker
Paulette Edwards
1 deal$1.1M volume(773) 837-0383
BROKER
Sybil Martin
Coldwell Banker
Sybil Martin
1 deal$1.1M volume(773) 491-7217
BROKER

Details

SOLD
IMAGE: Sybil Martin, Paulette Edwards & Karen Biazar DATE: 08/01/2024 ADDRESS: 516 East Oakwood Boulevard MARKET: Chicago ASSET TYPE: Land ~ ACRES: 0.74 BUYER'S REP: Karen Biazar (@KarenBiazar) - North Clybourn Group (@NCGChicago) SELLER'S REP: Paulette Edwards (@PauletteEdwardschicago) & Sybil Martin (@SybilMartinrealtor) - Coldwell Banker Realty (@ColdwellBanker) SALE PRICE: $1,125,000 NOTE: A 0.74-acre parcel in Chicago's Bronzeville neighborhood, comprising seven vacant lots, sold for $1.125 million. The land is positioned for new development near key amenities and landmarks, offering significant potential for investors.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$60,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89