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Sachin & Sonia Shah Purchase Lakeview SFR For $2.1M

Property Image
SOLD
$2,100,000
Daniel Merrion
Andrea Hebner
SS

Illinois

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Single Family Residence8,000 SF
Sold 05/12/2022
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Property Image
SOLD

Sachin & Sonia Shah Purchase Lakeview SFR For $2.1M

332 West Oakdale Avenue, Chicago, Illinois 60657, United States

See Similar Deals
Single Family Residence8,000 SF
Sold 05/12/2022
Daniel Merrion
Andrea Hebner
SS
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$262
Total Square Footage:8,000 SF
Transaction Type:Sale

The recently sold property in Lakeview at 332 W Oakdale Ave was a single-family home (SFR) with a sale price of $2,100,000. Spanning 8,000 square feet, the property was purchased by Sachin and Sonia Shah. The seller, Jonathan Berger, was represented by Coldwell Banker Realty's Daniel Merrion. The buyers were represented by Andrea Hebner from roperties. The transaction took place on 05/12/2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,100,000
  • Address: 332 W Oakdale Ave
  • Market: Lakeview

Andrea Hebner from roperties brokered the deal on behalf of the buyers, Sachin and Sonia Shah. Meanwhile, Daniel Merrion from Coldwell Banker Realty represented the seller, Jonathan Berger. The sale price of $2,100,000 translates to a price per square foot of $263. The transaction was completed without any additional information available.

Players

Andrea Hebner
At Properties Commercial
Andrea Hebner
2 deals$3.5M volume
BROKER
Daniel Merrion
Coldwell Banker
Daniel Merrion
2 deals$3.8M volume
BROKER
SS
Sachin Shah
2 deals$3.4M volume
BUYER

Details

SOLD
IMAGE: Daniel Merrion & Andrea Hebner DATE: 05/12/2022 ADDRESS: 332 W Oakdale Ave MARKET: Lakeview ASSET TYPE: SFR BUYER: Sachin & Sonia Shah SELLER: Jonathan Berger BUYER'S REP: Andrea Hebner (@Andrea_Sells_Chicago) - @properties SELLER'S REP: Daniel Merrion (@DanielMerrion) - Coldwell Banker Realty (@Cb_Sc) SALE PRICE: $2,100,000 SF: 8,000 ~ PPSF: $263

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86