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1815 North Cleveland Avenue...

Jeffrey Lowe & Jennifer Ames Sell $3.8M SFR In Chicago
SOLDSingle Family Residence

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

Jeffrey Lowe

Compass

Broker

$95.8M

vol

30 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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