Tory Rezin & Dawn McKenna Sell Single Family Home In Chicago's Market For $7M
SOLD
$7,000,000
Illinois
See Similar DealsSingle Family Residence10,000 SF
Sold 07/13/2022
SOLD
Tory Rezin & Dawn McKenna Sell Single Family Home In Chicago's Market For $7M
15 West Burton Place, Chicago, Illinois 60610, United States
See Similar DealsSingle Family Residence10,000 SF
Sold 07/13/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$700
Total Square Footage:10,000 SF
Transaction Type:Sale
A single family property located at 15 West Burton Place in Chicago has been sold for $7,000,000. The property spans approximately 10,000 square feet, resulting in a price per square foot of $700. The sale took place on July 13, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,000,000
The sellers, Caryn and Lowell Kraff, were represented by Tory Rezin and Dawn McKenna of McKenna's Group at Coldwell Banker. Jason Felicione, from Chipads, acted as the buyer's representative in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$373,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85
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