facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Single Family Residence

/

Sale

/

529 West Wrightwood Avenue,...

Marcelo Halpern Acquires Single-Family Home In Lincoln Park, Chicago For $1.65M
SOLDSingle Family Residence

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

Danny Lewis

Baird & Warner

Broker

$7.1M

vol

6 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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