Marcelo Halpern Acquires Single-Family Home In Lincoln Park, Chicago For $1.65M
529 West Wrightwood Avenue, Chicago, Illinois 60614, United States
$1,650,000
$750/SF
Building Size
2,200 SF
Asset Type
Single Family Residence
Closing
Dec 30, 2021
AI
A single-family property located at 529 W Wrightwood Ave in Lincoln Park, Chicago was recently sold in a transaction. The property spans 2,200 square feet and is situated in the desirable Lincoln Park market. The sale took place on December 30, 2021.
Summary of transaction details:
- Property Type: Single-Family
- Transaction Amount: $1,650,000
The buyer of the property is Marcelo Halpern, while the seller is Darius Bliznikas. The deal was facilitated by brokers Danny Lewis and Gerardo Tapia-Quiroz from Dream Town Realty.
The asking price for the property was $1,729,000, and it was eventually sold for $1,650,000. This translates to a price per square foot of $750.
Players
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93