Carrie McCormick Properties Acquires SFR In Chicago For $2.7M
1720 North Mohawk Street, Chicago, IL, USA
$2,737,500
$464/SF
Building Size
5,900 SF
Asset Type
Single Family Residence
Closing
Oct 14, 2020
AI
A single-family residential property located at 1720 N. Mohawk Street in Chicago recently closed in a sale transaction. The property, spanning across 5,900 square feet, was sold for a price of $2,737,500. With a price per square foot of $464, this transaction represents an asset with a considerable value in the Chicago real estate market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,737,500
- Address: 1720 N. Mohawk Street
- Market: Chicago
- Square Footage: 5,900
- Price per Square Foot: $464
Carrie McCormick represented the buyer in the transaction, while Millie Rosenbloom, from Baird & Warner, acted as the seller's representative. Both professionals played pivotal roles in ensuring the successful completion of this sale.
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
5.79%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93