Chicago Land Trust Acquires SFR In Chicago For $2.3M With Buyer's Rep Alex Wolking - Keller Williams ONEChicago
4860 N Paulina St Chicago, IL 60640, USA
$2,300,000
$494/SF
Building Size
4,653 SF
Asset Type
Single Family Residence
Closing
Aug 30, 2023
AI
A single-family home located at 4860 North Paulina Street in Chicago has been sold for $2,300,000. Spanning across 4,653 square feet, the property offers spacious living areas and ample room for customization. With a price per square foot of $494, the sale of this SFR represents a significant transaction in the Chicago market.
Summary of transation details
- Property Type: Single-Family Home
- Transaction Amount: $2,300,000
- Address: 4860 North Paulina Street, Chicago
- Market: Chicago
The buyer of the property is the Chicago Land Trust, while Jody Michael acted as the seller. Representing the buyer, Alex Wolking from Keller Williams ONEChicago played a pivotal role in securing the deal. Maria Fernandez, the broker representative for Jody Michael, facilitated the transaction on behalf of the seller. Their expertise in the Chicago real estate market contributed to the successful completion of this transaction.
Players
Market 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93