Updated Oct 29, 2024
Sandia Point Sells Chicago's Most Expensive Home On North Howe St
1917 North Howe Street, Chicago, IL, USA
$11,900,000
$991/SF
Building Size
12,000 SF
Asset Type
Single Family Residence
Closing
Dec 27, 2020
About this deal
AI
A stunning SFR located at 1917 North Howe Street in Chicago recently sold for $11,900,000. This 12,000 square foot mansion is Chicago's most expensive home sale since August 2018. The property was listed by Sandra Sterling & William Sterling of Sandia Point with an asking price of $14,500,000, and it ultimately sold for $2,600,000 below the initial asking price. The price per square foot for this prestigious property is $992.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,900,000
- Address: 1917 North Howe Street
- Market: Chicago
The successful sale of this luxury SFR highlights the expertise and negotiation skills of Sandra Sterling & William Sterling from Sandia Point. Their ability to secure such a significant transaction showcases their reputation as top-notch real estate professionals in the Chicago market.
Players
Chicago Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $991 per square foot on a published $11.9M for 12,000 square feet (2020).
Browse Illinois single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.33%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93