Jameson Sotheby's International Realty Represents $6M Single Family Sale In Chicago
SOLD
Illinois
See Similar DealsSingle Family Residence
Sold 08/01/2022
SOLD
Jameson Sotheby's International Realty Represents $6M Single Family Sale In Chicago
1901 North Howe Street, Chicago, Illinois 60614, United States
See Similar DealsSingle Family Residence
Sold 08/01/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Transaction Type:Sale
A single-family home located at 1901 N Howe Street in Chicago has been sold for $6,000,000. The property was listed by Timothy Salm and R. Matt Leutheuser of Jameson Sotheby’s International Realty. This transaction took place on August 1, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,000,000
- Address: 1901 N Howe Street
- Market: Chicago
This sale was facilitated by Timothy Salm and R. Matt Leutheuser from Jameson Sotheby’s International Realty. They acted as the brokers representing the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$319,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73
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