Updated Dec 19, 2023
Paul & Brandi Miller Acquire SFR In Downers Grove For $1.096M With Broker Michael Scanlon - The Axon Group
6036 Margo Court, Downers Grove, Illinois 60516, United States
$1,096,000
$274/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Feb 1, 2022
About this deal
AI
6036 Margo Ct in Downers Grove has been sold in a recent transaction. The property is a Single Family Residence (SFR) with a size of 4,000 square feet. The sale took place on February 1, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,096,000
- Address: 6036 Margo Ct
- Market: Downers Grove
The buyer, Paul & Brandi Miller, acquired the property from the seller, Dave Bradley. The transaction was facilitated by broker Michael Scanlon from The Axon Group. The property had an asking price of $1,079,000 and was ultimately sold for $1,096,000, resulting in a price per square foot of $274.
It's worth noting that Michael Scanlon, the broker involved in the deal, provided assistance to his best friend and his wife, both of whom are Army Veterans.
On the Map
$1,096,000
$274/SF
Single Family Residence
View full map
Players
Downers Grove Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Scanlon to view all their deals.
Browse Illinois single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.47%
Cash-on-Cash
-4.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93