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6036 Margo Court, Downers G...

Paul & Brandi Miller Acquire SFR In Downers Grove For $1.096M With Broker Michael Scanlon - The Axon Group
SOLDSingle Family Residence

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

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.

Players

Michael Scanlon

EXP Realty

Broker

$17.5M

vol

14 deals

Broker

Downers Grove 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

14.47%

Cash-on-Cash

-4.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93