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12697 Southwest Highway, Pa...

Jameson Sotheby's International Realty Acquires Palos Park SFR For $955K
SOLDSingle Family Residence

Jameson Sotheby's International Realty Acquires Palos Park SFR For $955K

12697 Southwest Highway, Palos Park, Illinois 60464, United States

$955,000

$111/SF

Building Size

8,566 SF

Asset Type

Single Family Residence

Closing

Oct 13, 2021

AI

A single-family residential property located at 12697 Southwest Highway in Palos Park, IL, was recently sold for a price of $955,000. The property spans approximately 8,566 square feet, resulting in a price per square foot of $111. The sale was facilitated by Alexandra Shaban of Jameson Sotheby's International Realty.

Summary of transaction details

  • Property Type: SFR
  • Sale Price: $955,000
  • Square Footage: 8,566 sqft
  • Price per Square Foot: $111
  • Address: 12697 Southwest Highway, Palos Park, IL
  • Market: Palos Park, IL

Alexandra Shaban, representing Jameson Sotheby's International Realty, played a crucial role in the successful completion of this sale transaction.

Players

Alexandra Shaban

Sotheby's International Realty

Broker

$22.2M

vol

7 deals

Broker

Palos Park Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.61%

Cash-on-Cash

-4.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93