Jameson Sotheby's Intl Realty Brokers Sell SFR In Chicago's North State Parkway For $5.9M
SOLD
$5,900,000
Illinois
See Similar DealsSingle Family Residence7,430 SF
Sold 08/31/2020
SOLD
Jameson Sotheby's Intl Realty Brokers Sell SFR In Chicago's North State Parkway For $5.9M
1241 N State Pkwy, Chicago, IL, USA
See Similar DealsSingle Family Residence7,430 SF
Sold 08/31/2020
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$794
Total Square Footage:7,430 SF
Transaction Type:Sale
Located at 1241 North State Pkwy in Chicago, this Single Family Residential (SFR) property was sold on August 31, 2020, for a price of $5,900,000. The property spans across 7,430 square feet, resulting in a price per square foot of $794.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,900,000
- Market: Chicago
- Asset Type: SFR
- BROKERS: Nancy Tassone & Timothy Salm - Jameson Sotheby's Intl Realty
Nancy Tassone and Timothy Salm from Jameson Sotheby's Intl Realty facilitated this transaction as the brokers involved in the deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$314,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12
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