Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires SFR In Chicago For $2.63M
2653 North Geneva Terrace, Chicago, IL, USA
$2,630,000
$453/SF
Building Size
5,800 SF
Asset Type
Single Family Residence
Closing
Sep 27, 2020
About this deal
AI
Located in Chicago, the property involved in this closed transaction is a Single-Family Home (SFR) situated at 2653 N. Geneva Terrace. The property spans approximately 5,800 square feet and was sold for a price of $2,630,000, resulting in a price per square foot of $453.
Summary of transaction details:
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $2,630,000
- Address: 2653 N. Geneva Terrace, Chicago
- Market: Chicago
The buyer was represented by Alexander Caras from Magellan Realty LLC, while the seller was represented by Sophia Klopas and Jason Stratton from Berkshire Hathaway HomeServices Chicago.
Players
Chicago Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $453 per square foot on a published $2.6M for 5,800 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.03%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93