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1856 North Mohawk Street, C...

Harry Seigle Sells Lincoln Park Single Family Home For $8.1M
SOLDSingle Family Residence

Harry Seigle Sells Lincoln Park Single Family Home For $8.1M

1856 North Mohawk Street, Chicago, Illinois 60614, United States

$8,100,000

$931/SF

Building Size

8,700 SF

Asset Type

Single Family Residence

Closing

Mar 24, 2022

AI

The single-family property located at 1856 N Mohawk Street in Lincoln Park, Chicago has been sold. The transaction took place on March 25, 2022, with a sale price of $8,100,000. The property has a total area of 8,700 square feet, resulting in a price per square foot of $931.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $8,100,000
  • Address: 1856 N Mohawk Street, Lincoln Park, Chicago
  • Market: Lincoln Park, Chicago

The seller of the property was Harry Seigle. The transaction was facilitated by Philip Skowron from Properties/Christie's International Real Estate as the broker representing the seller.

Players

Philip Skowron

At Properties Commercial

Broker

$23.7M

vol

4 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93