Andrew Killion & Debra Dobbs Sell Lincoln Park Single Family For $12.55M
1950 North Burling Street, Chicago, Illinois 60614, United States
$12,550,000
$1,568/SF
Building Size
8,000 SF
Asset Type
Single Family Residence
Closing
Dec 23, 2021
AI
A single-family property located at 1950 N Burling St in Lincoln Park has been sold for $12,550,000. The property spans 8,000 square feet and has a price per square foot of $1,569. It sits on a 0.27-acre lot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,550,000
- Address: 1950 N Burling St
- Market: Lincoln Park
- Size: 8,000 square feet
- Price per Square Foot: $1,569
In this deal, the sellers were Andrew and Sandy Killion, who are affiliated with Akuna Capital. Representing the sellers was Debra Dobbs Properties. The buyers were represented by Tim Sheahan from The Sheahan Group.
Players
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
1.26%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93