Neil Paul Coyle Acquires SFR In Logan Square, Chicago For $1.45M
2418 North Campbell Avenue, Chicago, Illinois 60647, United States
$1,450,000
$371/SF
Building Size
3,900 SF
Asset Type
Single Family Residence
Closing
May 25, 2022
AI
The recently closed property transaction in Logan Square, Chicago involved the sale of a single-family home located at 2418 N Campbell Ave. The property, with a total area of 3,900 square feet, was a new construction by Noah Properties and Lisek Interiors. The market value of this SFR was established at $1,450,000, resulting in a price per square foot of $372.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,450,000
- Date: 05/26/2022
- Market: Logan Square, Chicago
- Buyer: Neil Paul Coyle
- Seller: Noah Properties
- Seller's Rep: Kinga Siek, Grace Sergio, and Luke Sandler
The deal was finalized with the assistance of Kinga Siek, Grace Sergio, and Luke Sandler from Noah Properties. Their expertise and representation were crucial in facilitating the successful transaction.
It is worth noting that this property was a remarkable creation by Noah Properties and Lisek Interiors, combining their expertise in construction and design.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93