Mladen Rados & Nikola Gasic Broker Chicago Land Sale For $1.05M
719 South State Street
$1,050,000
Building Size
—
Asset Type
Land
Closing
May 17, 2024
About this deal
AI
A 5,480-square-foot land parcel located at 719 South State Street in Chicago was recently sold for $1.05 million. The transaction was facilitated by Nikola Gasic of NXT Realty and Mladen Rados of Rexson Realty.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $1,050,000
- Market: Chicago
- Lot Size: 5,480 square feet
- Price Per Lot Square Foot: $192
- Buyer's Representative: Mladen Rados - Rexson Realty
- Seller's Representative: Nikola Gasic - NXT Realty
The transaction at 719 South State Street in Chicago involved key individuals, with Mladen Rados representing the buyer through Rexson Realty and Nikola Gasic representing the seller through NXT Realty.
Players
Chicago Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Chicago land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93