facebook
Traded Co logo
Submit

Debra Weinberg Properties Represents Buyer In $3.125M Chicago SFR Sale

Property Image
SOLD
$3,125,000

Illinois

See Similar Deals
Single Family Residence6,365 SF
Sold 10/01/2020
the dealplayerscompscontact
Property Image
SOLD

Debra Weinberg Properties Represents Buyer In $3.125M Chicago SFR Sale

2723 North Lakewood Avenue, Chicago, IL, USA

See Similar Deals
Single Family Residence6,365 SF
Sold 10/01/2020
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$491
Total Square Footage:6,365 SF
Transaction Type:Sale

Located at 2723 N. Lakewood Avenue in Chicago, this single-family residential property was recently sold in a closed transaction. The sale took place on October 1, 2020. The property, captured in a photograph by Timothy Salm, spans 6,365 square feet, offering ample space and comfort for the future residents. With a price of $3,125,000, the property was sold at a rate of $491 per square foot. The sale was facilitated by Debra Weinberg Properties, representing the buyer, and Timothy Salm & Steven Golovan from Jameson Sotheby's Intl Realty, who represented the seller.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,125,000
  • Address: 2723 N. Lakewood Avenue, Chicago
  • Market: Chicago
  • Image: Timothy Salm
  • Date: 10/01/2020
  • Asset Type: SFR

Debra Weinberg Properties, serving as the buyer's representative, played a crucial role in ensuring a successful transaction. Alongside them, Timothy Salm & Steven Golovan from Jameson Sotheby's Intl Realty represented the seller, displaying their expertise in the real estate market. The collaboration between these professionals contributed to the smooth completion of the deal.

Players

Timothy Salm
17 deals$125.1M volume
BROKER

Steven  Golovan
1 deal$3.1M volume
BROKER

Debra  Weinberg
1 deal$3.1M volume
BROKER

Details

SOLD
IMAGE: Timothy Salm DATE: 10/01/2020 ADDRESS: 2723 N. Lakewood Avenue MARKET: Chicago ASSET TYPE: SFR BUYER'S REP: Debra Weinberg - @properties SELLER'S REP: Timothy Salm & Steven Golovan - Jameson Sotheby's Intl Realty PRICE: $3,125,000 SF: 6,365 ~ PPSF: $491

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$166,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,102.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,814.09
Annual Debt Service$177,769.13