Compass Represents Buyer In $5.25M Sale Of Lincoln Park SFR
2015 North Cleveland Avenue, Chicago, Illinois 60614, United States
$5,250,000
$709/SF
Building Size
7,400 SF
Asset Type
Single Family Residence
Closing
Jun 30, 2022
AI
The property involved in this transaction is a single-family home located at 2015 N Cleveland Ave in Lincoln Park. It has a total area of 7,400 square feet and was sold for a price of $5,250,000, resulting in a price per square foot of $709.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $5,250,000
- Address: 2015 N Cleveland Ave
- Market: Lincoln Park
John O'Neill from Compass represented the buyer in this transaction, while Julie Nerenberg Block and Vincent Anzalone from Dream Town Realty represented the seller. They played crucial roles in facilitating the deal and ensuring a successful transaction.
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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93