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1639 North North Park Avenue

John Smith Purchases Single Family Home From MBGL Properties For $1.835M In Chicago
SOLDSingle Family Residence

John Smith Purchases Single Family Home From MBGL Properties For $1.835M In Chicago

1639 North North Park Avenue

$1,835,000

$475/SF

Building Size

3,860 SF

Asset Type

Single Family Residence

Closing

Oct 30, 2024

AI

The property asset involved in this transaction is a single-family home located at 1639 North North Park Avenue in Chicago. The sale price was $1,835,000, and the property has a total square footage of 3,860. The price per square foot for this asset is $475.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,835,000
  • Address: 1639 North North Park Avenue
  • Market: Chicago
  • Square Footage: 3,860
  • Price per Square Foot: $475
  • Buyer: John Smith
  • Seller: MBGL Properties
  • Broker: Deanna Barakat - Properties

This transaction involved John Smith as the buyer, and MBGL Properties as the seller. Deanna Barakat represented the broker in this real estate deal, contributing her expertise to facilitate the transaction.

Players

Deanna Barakat

@Properties Christie's International Real Estate

Broker

$8.4M

vol

5 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

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

8.64%

Cash-on-Cash

-2.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93