Lucid Realty, Inc. Acquires SFR In Chicago For $6.7M
SOLD
Illinois
See Similar DealsSingle Family Residence9,000 SF
Sold 08/14/2020
SOLD
Lucid Realty, Inc. Acquires SFR In Chicago For $6.7M
2031 N Seminary Ave, Chicago, IL 60614, USA
See Similar DealsSingle Family Residence9,000 SF
Sold 08/14/2020
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$747
Total Square Footage:9,000 SF
Transaction Type:Sale
The property located at 2031 North Seminary Avenue in Chicago has been sold for $6,725,000. This single-family residential property spans across 9,000 square feet, resulting in a price per square foot of $747.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $6,725,000
- Address: 2031 North Seminary Avenue, Chicago
- Market: Chicago
Gary Lucido from Lucid Realty, Inc. acted as the buyer's representative in this transaction, while Jeffrey Proctor from @properties represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$358,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,892.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,879.93
Annual Debt Service$382,559.17
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