Farrah & Jon Lester Sell Single Family Home In Chicago For $3.5M With Buyer's Rep Jeffrey Proctor And Seller's Rep Timothy Salm & Bradley Brondyke
1442 West Berteau Avenue, Chicago, Illinois 60613, United States
$3,500,000
$500/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Aug 31, 2022
AI
The single-family property located at 1442 W Berteau Ave in Chicago has been sold. The transaction took place on September 1, 2022. The property spans 7,000 square feet and is priced at $500 per square foot. The total sale price was $3,500,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Market: Chicago
- Seller: Farrah & Jon Lester
- Buyer's Representative: Jeffrey Proctor - @properties Christie's International Real Estate
- Seller's Representatives: Timothy Salm & Bradley Brondyke - Jameson Sotheby's Intl Realty
The buyer in this transaction was represented by Jeffrey Proctor from @properties Christie's International Real Estate. The seller was represented by Timothy Salm and Bradley Brondyke from Jameson Sotheby's Intl Realty.
Players
Chicago 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93