facebook
Traded Co logo
Submit

Lucid Realty Acquires Single Family Home On N Astor St In Chicago For $6.5M

Property Image
SOLD
$6,500,000

Illinois

See Similar Deals
Single Family Residence10,000 SF
Sold 01/05/2022
the dealplayerscompscontact
Property Image
SOLD

Lucid Realty Acquires Single Family Home On N Astor St In Chicago For $6.5M

1449 North Astor Street, Chicago, IL 60610

See Similar Deals
Single Family Residence10,000 SF
Sold 01/05/2022
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$650
Total Square Footage:10,000 SF
Transaction Type:Sale

The single-family property located at 1449 N Astor St in Chicago has been sold for a price of $6,500,000. The property spans over 10,000 square feet and was sold at a price per square foot of $650. The sellers of this property were Teresa Andresen and Matthew Andresen, who is associated with Headlands Technologies. Sari Levy from Lucid Realty, Inc. represented the buyer in this transaction, while the seller was represented by Josh Wiedow and Stephen Bognar Jr from Baird & Warner.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,500,000
  • Address: 1449 N Astor St, Chicago
  • Market: Chicago

The buyer's representative in this deal was Sari Levy from Lucid Realty, Inc. On the other hand, the seller was represented by Josh Wiedow and Stephen Bognar Jr from Baird & Warner. These individuals played a crucial role in facilitating the transaction and ensuring the smooth transfer of ownership.

Players

3 deals$10.4M volume
BROKER


Stephen Bognar Jr
Baird & Warner
1 deal$6.5M volume
BROKER

Details

SOLD
IMAGE: Sari Levy, Josh Wiedow, Matthew Andresen & Stephen Bognar Jr DATE: 01/05/2022 ADDRESS: 1449 N Astor St MARKET: Chicago ASSET TYPE: Single Family SELLER: Teresa Andresen; Matthew Andresen - Headlands Technologies BUYER'S REP: Sari Levy - Lucid Realty, Inc. SELLER'S REP: Josh Wiedow & Stephen Bognar Jr - Baird & Warner SALE PRICE: $6,500,000 SF: 10,000 ~ PPSF: $650

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$346,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79