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Zachary Zisook & Natasha Motev Facilitate Chicago Land Parcel Sale For $1.3M

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SOLD
$1,300,000

Illinois

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Land2,322 SF
Sold 05/01/2024
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SOLD

Zachary Zisook & Natasha Motev Facilitate Chicago Land Parcel Sale For $1.3M

543 West Grant Place

See Similar Deals
Land2,322 SF
Sold 05/01/2024
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Summary

ILLINOIS
Asset Type:Land
Price Per Square Foot:$559
Total Square Footage:2,322 SF
Transaction Type:Sale

A vacant land parcel located at 543 West Grant Place in Chicago was recently sold for $1.3 million. The transaction, handled by brokers Natasha Motev and Zachary Zisook from Jameson Sotheby's International Realty, involved a lot size of 2,322 square feet, resulting in a price per square foot of $560.

Summary of transation details:

The sale of the 2,322 square foot land parcel at 543 West Grant Place in Chicago was facilitated by the renowned brokerage firm Jameson Sotheby's International Realty, with Natasha Motev and Zachary Zisook leading the transaction.

Players

Natasha Motev
5 deals$13M volume
BROKER

Zachary Zisook
Sotheby's International Realty
4 deals$12M volume(312) 399-5779
BROKER

Details

SOLD
IMAGE: Natasha Motev & Zachary Zisook DATE: 05/01/2024 ADDRESS: 543 West Grant Place MARKET: Chicago ASSET TYPE: Land BROKERS: Natasha Motev (@Chicagofinehomes) & Zachary Zisook (@IamZachz) - Jameson Sotheby's International Realty (@JamesOnSIR) SALE PRICE: $1,300,000 SF: 2,322 ~ PPSF: $560 NOTE: In Chicago's market, a vacant land parcel located at 543 West Grant Place was sold for $1.3 million. The transaction, brokered by Zachary Zisook and Natasha Motev of Jameson Sotheby's International Realty, involved a lot size of 2,322 square feet, reflecting a price per square foot of $560.

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Deal Type
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
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