Updated Sep 9, 2024
Carrie McCormick Properties Acquires SFR In Chicago For $2.5M
2107 West Bradley Place
$2,500,000
$500/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2022
About this deal
AI
The property involved in this closed transaction is a single-family home located at 2107 W Bradley Pl in Chicago. The property has a square footage of 5,000 and was sold for a price of $2,500,000. The price per square foot is calculated to be $500.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,500,000
- Address: 2107 W Bradley Pl, Chicago
- Market: Chicago
- Brokers: Carrie McCormick - @properties; Jeff Lowe - Compass
- Square Footage: 5,000
- Price per Square Foot: $500
Carrie McCormick from @properties and Jeff Lowe from Compass were the brokers involved in this transaction. They represented the respective parties in the deal but are not the buyer, seller, landlord, or tenant themselves.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93