Jameson Sotheby's Intl Realty Acquires SFR In Chicago, IL For $4.4M
SOLD
$4,425,000
Illinois
See Similar DealsSingle Family Residence7,600 SF
Sold 10/28/2022
SOLD
Jameson Sotheby's Intl Realty Acquires SFR In Chicago, IL For $4.4M
1743 North Wolcott Avenue
See Similar DealsSingle Family Residence7,600 SF
Sold 10/28/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$582
Total Square Footage:7,600 SF
Transaction Type:Sale
An impressive single-family home was recently sold in Chicago, IL. Located at 1743 N Wolcott Ave, this property boasts a spacious 7,600 square feet. The sale price of $4,425,000 reflects the value of this stunning residence. With a price per square foot of $582, it is evident that this home offers a luxurious living experience.
Summary of transaction details
- Property Type: Single-family home
- Transaction Amount: $4,425,000
- SF: 7,600
- PPSF: $582
- Date: 10/28/2022
R. Matt Leutheuser and Timothy Salm, representatives from Jameson Sotheby's Intl Realty, acted as the buyer's representatives in this transaction. On the other side, Jeff Lowe, from Compass, represented the seller. Their expertise in the real estate market played a crucial role in closing this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$235,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,721.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,976.76
Annual Debt Service$251,721.09
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