facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Single Family Residence

/

Sale

/

2723 North Lakewood Avenue,...

Updated Dec 18, 2023

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

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

2723 North Lakewood Avenue, Chicago, IL, USA

$3,125,000

$491/SF

Building Size

6,365 SF

Asset Type

Single Family Residence

Closing

Sep 30, 2020

About this deal

AI

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

Sotheby's International Realty

Broker

$128.8M

vol

18 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Deal FAQ

About $491 per square foot on a published $3.1M for 6,365 square feet (2020).

Visit Timothy Salm to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.08%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets