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3627 N Hamilton Ave, Chicag...

Compass Acquires SFR In Chicago For $2.5M With Buyers Rep Brad Lippitz & Sellers Rep Leigh Marcus
SOLDSingle Family Residence

Compass Acquires SFR In Chicago For $2.5M With Buyers Rep Brad Lippitz & Sellers Rep Leigh Marcus

3627 N Hamilton Ave, Chicago, IL 60618, USA

$2,525,000

$678/SF

Building Size

3,720 SF

Asset Type

Single Family Residence

Closing

Jul 23, 2020

AI

The sale of a single-family home at 3627 N. Hamilton Avenue in Chicago has been completed. The property, with a total area of 3,720 square feet, was sold for a price of $2,525,000, resulting in a price per square foot of $679. Brad Lippitz from Compass represented the buyer in the transaction, while Leigh Marcus from @properties Gold Coast acted as the seller's representative.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,525,000
  • Market: Chicago
  • Address: 3627 N. Hamilton Avenue
  • Square Footage: 3,720
  • Price Per Square Foot: $679
  • Buyer's Representative: Brad Lippitz - Compass
  • Seller's Representative: Leigh Marcus - @properties Gold Coast

Brad Lippitz from Compass represented the buyer in this successful transaction. Leigh Marcus from @properties Gold Coast, on the other hand, acted as the seller's representative. The completion of this sale showcases the expertise and professionalism of both individuals and their respective agencies.

Players

Brad Lippitz

Compass

Broker

$13.1M

vol

4 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93