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Marc Zale Of Compass Represents Buyer In Sale Of Land At 533 West Grant Place For $1.22M

Property Image
SOLD
$1,220,000
Marc Zale
Natasha Motev
Zachary Zisook

Illinois

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Land2,322 SF
Sold 09/04/2024
the dealplayerscompscontact
Property Image
SOLD

Marc Zale Of Compass Represents Buyer In Sale Of Land At 533 West Grant Place For $1.22M

533 West Grant Place

See Similar Deals
Land2,322 SF
Sold 09/04/2024
Marc Zale
Natasha Motev
Zachary Zisook
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Land
Price Per Square Foot:$525
Total Square Footage:2,322 SF
Transaction Type:Sale

A 2,322-square-foot lot located at 533 West Grant Place in Chicago has been sold for $1.22 million. The property is part of a bulk sale involving five lots and offers potential for the construction of a luxury home with access to upscale amenities.

Summary of transaction details:

Marc Zale represented the buyer in this transaction, while the seller was represented by Natasha Motev and Zachary Zisook. The collaboration involved multiple parties during the completion of this sale.

Players

Natasha Motev
Sotheby's International Realty
Natasha Motev
5 deals$13M volume
BROKER
Marc Zale
Compass
Marc Zale
3 deals$8.5M volume
BROKER
Zachary Zisook
Sotheby's International Realty
Zachary Zisook
4 deals$12M volume(312) 399-5779
BROKER

Details

SOLD
IMAGE: Zachary Zisook, Marc Zale & Natasha Motev DATE: 09/04/2024 ADDRESS: 533 West Grant Place MARKET: Chicago ASSET TYPE: Land BUYER'S REP: Marc Zale - Compass (@Compass) SELLER'S REP: Natasha Motev (@Chicagofinehomes) & Zachary Zisook (@IamZachz) - Jameson Sotheby's International Realty (@JamesOnSIR) SALE PRICE: $1,220,000 LOT SF: 2,322 ~ PPLSF: $525 NOTE: A 2,322-square-foot lot at 533 West Grant Place in Chicago sold for $1.22 million, part of a bulk sale involving five lots. Represented by Compass's Marc Zale, the buyer has an opportunity to build a luxury home with access to upscale amenities, while the seller was represented by Natasha Motev and Zachary Zisook of Jameson Sotheby's International Realty.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,334.41
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