Genuine Real Estate Corp Acquires SFR In Chicago For $3.55M
SOLD
Illinois
See Similar DealsSingle Family Residence6,085 SF
Sold 09/08/2022
SOLD
Genuine Real Estate Corp Acquires SFR In Chicago For $3.55M
518 West Eugenie Street, Chicago, Illinois 60614, United States
See Similar DealsSingle Family Residence6,085 SF
Sold 09/08/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$583
Total Square Footage:6,085 SF
Transaction Type:Sale
A single-family residence located at 518 W Eugenie St in Chicago was recently sold. The property boasts a size of 6,085 square feet, translating to a price per square foot of $583. The transaction took place on September 8, 2022, with a sale price of $3,550,000.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $3,550,000
- Square Footage: 6,085
- Price per Square Foot: $583
- Address: 518 W Eugenie St, Chicago
- Market: Chicago
The buyer was represented by Patrick Ryan from Genuine Real Estate Corp, while the seller was represented by Jeff Lowe from Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73
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