Carrie McCormick & Chris Crawford Close $6.2M Sale Of Chicago SFR Property
1841 North Orchard Street
$6,200,000
$775/SF
Building Size
8,000 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2022
AI
The recently closed property transaction in Chicago involved a single-family home located at 1841 N Orchard St. The property, with a total area of 8,000 square feet, was sold for a price of $6,200,000. This means that the price per square foot (PPSF) for this transaction was calculated at $775.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $6,200,000
- Address: 1841 N Orchard St
- Market: Chicago
- Square Footage: 8,000
The deal was facilitated by the brokers Carrie McCormick and Chris Crawford from Chris Crawford Properties. They represented the respective parties involved in the transaction - the buyer and the seller.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93