Updated Oct 28, 2024
Circle 207, LLC Sells Single Family Home In Prospect Heights, IL For $850K With Gerber Group's Joe Gerber As The Broker
207 East Circle Avenue, Prospect Heights, Illinois 60070, United States
$850,000
$159/SF
Building Size
5,345 SF
Asset Type
Single Family Residence
Closing
Dec 16, 2021
About this deal
AI
A single-family property located at 207 E. Circle Avenue in Prospect Heights was recently sold. The property, owned by Circle 207, LLC, was listed for sale with an asking price of $895,000. After negotiations, the property was sold for $850,000. The property spans across 5,345 square feet, resulting in a price per square foot of $159.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $850,000
- Address: 207 E. Circle Avenue
- Market: Prospect Heights
- Seller: Circle 207, LLC
- Broker: Joe Gerber - Gerber Group - Engel & Voelkers Chicago North Shore
The sale of the property at 207 E. Circle Avenue was facilitated by Joe Gerber from Gerber Group, who represented both the buyer and the seller in the transaction.
Players
Prospect Heights 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
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93