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Dream Town Realty Acquires Single Family Home On North State Parkway In Chicago For $4.5M

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SOLD
$4,500,000

Illinois

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Single Family Residence
Sold 09/30/2022
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Property Image
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 Deals
Single Family Residence
Sold 09/30/2022
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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.

Players

Karen Schwartz
2 deals$4.5M volume
BROKER

Connie Atterbury
Dream Town Realty
1 deal$4.5M volume
BROKER

Details

SOLD
IMAGE: Karen Schwartz & Connie Atterbury DATE: 09/30/2022 ADDRESS: 1525 North State Parkway MARKET: Chicago ASSET TYPE: Single Family BROKERS: Connie Atterbury (@ConnieAtterbury) & Karen Schwartz (@KrnSchwartz) - Dream Town Realty (@DreamTownChicago) SALE PRICE: $4,500,000

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Deal Type
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