Whitney Wang Acquires Lake View SFR In Chicago For $1.375M
1622 West Nelson Street, Chicago, IL 60657, USA
$1,375,000
$305/SF
Building Size
4,500 SF
Asset Type
Single Family Residence
Closing
Jun 30, 2020
AI
Located in Lake View, Chicago, the single-family home at 1622 W Nelson St was recently sold for $1,375,000. The property spans approximately 4,500 square feet, resulting in a price per square foot of $306. This transaction took place on June 30, 2021.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $1,375,000
- Address: 1622 W Nelson St
- Market: Lake View, Chicago
Whitney Wang of Prospect Equities Real Estate represented the buyer in this transaction. The seller was represented by Andrea Hebner roperties. These key individuals helped facilitate the successful sale of the property.
Players
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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93