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Jameson Sotheby's International Realty Represents $6M Single Family Sale In Chicago

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SOLD
$6,000,000

Illinois

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Single Family Residence
Sold 08/01/2022
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Property Image
SOLD

Jameson Sotheby's International Realty Represents $6M Single Family Sale In Chicago

1901 North Howe Street, Chicago, Illinois 60614, United States

See Similar Deals
Single Family Residence
Sold 08/01/2022
Contact now

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.

Players

Timothy Salm
17 deals$125.1M volume
BROKER

Matt Leutheuser
Sotheby's International Realty
5 deals$31.4M volume
BROKER

Details

SOLD
IMAGE: Timothy Salm & R. Matt Leutheuser DATE: 08/01/2022 ADDRESS: 1901 N Howe Street MARKET: Chicago ASSET TYPE: Single Family BROKERS: Timothy Salm & R. Matt Leutheuser - Jameson Sotheby’s International Realty SALE PRICE: $6,000,000

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Deal Type
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