Jeffrey Lowe & Jennifer Ames Sell $3.8M SFR In Chicago
1815 North Cleveland Avenue, Chicago, IL, USA
$3,825,000
$562/SF
Building Size
6,800 SF
Asset Type
Single Family Residence
Closing
Nov 1, 2020
AI
The recently closed property transaction in Chicago involved the sale of a single-family residence located at 1815 N. Cleveland Avenue. The property, spanning approximately 6,800 square feet, was sold for a price of $3,825,000, resulting in a price per square foot of $563. The sale took place on November 2, 2020, making it a recent transaction in the Chicago real estate market.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,825,000
- Address: 1815 N. Cleveland Avenue
- Market: Chicago
Representing the buyer in this deal was Jennifer Ames from Engel & Voelkers Chicago, while Jeffrey Lowe from Compass acted as the seller's representative. They played crucial roles in facilitating the successful completion of 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
4.15%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93