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1720 North Mohawk Street, C...

Carrie McCormick Properties Acquires SFR In Chicago For $2.7M
SOLDSingle Family Residence

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

Millie Rosenbloom

Baird & Warner

Broker

$20.7M

vol

6 deals

Broker

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