Dream Town Realty Acquires Single Family Home On North State Parkway In Chicago For $4.5M
SOLD
Illinois
See Similar DealsSingle Family Residence
Sold 09/30/2022
SOLD
Dream Town Realty Acquires Single Family Home On North State Parkway In Chicago For $4.5M
1525 North State Parkway, Chicago, Illinois 60610, United States
See Similar DealsSingle Family Residence
Sold 09/30/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Transaction Type:Sale
A single-family property located at 1525 North State Parkway in Chicago has been sold for $4,500,000. The transaction took place on September 30, 2022. The property is situated in the Chicago market and features a single-family home.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,500,000
- Address: 1525 North State Parkway
- Market: Chicago
The sale was facilitated by Connie Atterbury and Karen Schwartz of Dream Town Realty, who acted as the brokers representing the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
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