Updated Dec 18, 2023
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
Chicago Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Timothy Salm to view all their deals.
Browse Illinois single family residence sales on Traded.
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