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2015 North Cleveland Avenue...

Compass Represents Buyer In $5.25M Sale Of Lincoln Park SFR
SOLDSingle Family Residence

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

Vincent Anzalone

Dream Town Realty

Broker

$14.4M

vol

7 deals

Broker

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