Jameson Sotheby's Intl Realty Acquires SFR In Chicago, IL For $4.4M
1743 North Wolcott Avenue
$4,425,000
$582/SF
Building Size
7,600 SF
Asset Type
Single Family Residence
Closing
Oct 28, 2022
AI
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.
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
3.58%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93