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1442 West Berteau Avenue, C...

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
SOLDSingle Family Residence

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

Timothy Salm

Sotheby's International Realty

Broker

$128.8M

vol

18 deals

Broker

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