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Latsko Interests Sells Single Family Home On North Astor St. In Gold Coast For $1.9M

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SOLD
$1,900,000

Illinois

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Single Family Residence6,300 SF
Sold 10/07/2022
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Property Image
SOLD

Latsko Interests Sells Single Family Home On North Astor St. In Gold Coast For $1.9M

1236 North Astor Street, Chicago, Illinois 60610, United States

See Similar Deals
Single Family Residence6,300 SF
Sold 10/07/2022
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Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$301
Total Square Footage:6,300 SF
Transaction Type:Sale

Located in the Gold Coast neighborhood of Chicago, the single-family property at 1236 North Astor Street has recently been sold for $1,900,000. Spanning across 6,300 square feet, the property offers ample space for its new owners. With a price per square foot of $302, this transaction represents a significant investment in this desirable location.

Summary of transaction details:

  • Property Type: Single Family
  • Sale Price: $1,900,000
  • Square Footage: 6,300
  • Price per Square Foot: $302
  • Address: 1236 North Astor Street, Gold Coast, Chicago
  • Market: Gold Coast, Chicago

The property was sold by Fred Latsko, the owner of Latsko Interests. Representing the seller in this deal were Pamela Rueve and Michael Mandera from Jameson Sotheby’s International Realty. Their expertise and experience played a crucial role in ensuring a successful transaction for all parties involved. This sale marks another significant achievement for these real estate professionals.

Players

Pamela Rueve
1 deal$1.9M volume
BROKER

Michael Mandera
Sotheby's International Realty
1 deal$1.9M volume
BROKER

Fred Latsko
5 deals$68.4M volume
SELLER

Details

SOLD
IMAGE: Michael Mandera, Fred Latsko & Pamela Rueve DATE: 10/07/2022 ADDRESS: 1236 North Astor Street MARKET: Gold Coast, Chicago ASSET TYPE: Single Family SELLER: Fred Latsko - Latsko Interests BROKERS: Pamela Rueve & Michael Mandera (@MichaelMandera) - Jameson Sotheby’s International Realty (@JamesonSIR) SALE PRICE: $1,900,000 SF: 6,300 ~ PPSF: $302

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$101,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63