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
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