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1852 North Howe Street, Chi...

Carrie McCormick Acquires SFR In Chicago For $3.25M With @properties' Reps
SOLDSingle Family Residence

Carrie McCormick Acquires SFR In Chicago For $3.25M With @properties' Reps

1852 North Howe Street, Chicago, Illinois 60614, United States

$3,250,000

$565/SF

Building Size

5,750 SF

Asset Type

Single Family Residence

Closing

Jun 29, 2022

AI

Located in the desirable neighborhood of Chicago, the property at 1852 N Howe St recently underwent a successful sale transaction. This single-family residential (SFR) property offers a generous living space of 5,750 square feet. The deal was facilitated by the buyer's representative, Carrie McCormick from @properties, and the seller's representative, Emily Sachs Wong, also from @properties. The transaction was finalized on June 30, 2022, with a sale price of $3,250,000, resulting in a price per square foot (PPSF) of $565.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,250,000
  • Square Footage: 5,750
  • Market: Chicago
  • Buyer's Rep: Carrie McCormick - @properties
  • Seller's Rep: Emily Sachs Wong - @properties

The successful sale of 1852 N Howe St was made possible by the collaboration between the buyer's representative, Carrie McCormick, and the seller's representative, Emily Sachs Wong. Their expertise in the Chicago market played a crucial role in facilitating this transaction, ensuring a smooth process for both parties involved.

Players

Emily Sachs Wong

At Properties Commercial

Broker

$84.5M

vol

17 deals

Broker

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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93