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1841 North Orchard Street

Updated Sep 9, 2024

Carrie McCormick & Chris Crawford Close $6.2M Sale Of Chicago SFR Property
SOLDSingle Family Residence

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

About this deal

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

Carrie McCormick

At Properties Commercial

Broker

$109.1M

vol

34 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $775 per square foot on a published $6.2M for 8,000 square feet (2022).

Visit Carrie McCormick to view all their deals.

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

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