Keller Williams ONEChicago Represents Lerry & Farissa Knox In $1.3M SFR Sale
734 West Hutchinson Street
$1,300,000
$240/SF
Building Size
5,407 SF
Asset Type
Single Family Residence
Closing
Sep 15, 2023
AI
A single-family residential property located at 734 West Hutchinson Street in the Chicago market has been sold. The property, with a total area of 5,407 square feet, was listed for sale by Lerry & Farissa Knox. The transaction was facilitated by broker Alex Wolking from Keller Williams ONEChicago. The property was initially listed for an asking price of $1,399,000, and it was sold for $1,300,000, resulting in a price per square foot of $240.
Summary of Transaction Details
- Property Type: Single-Family Residential
- Transaction Amount: $1,300,000
- Address: 734 West Hutchinson Street, Chicago
- Market: Chicago
Alex Wolking, a representative from Keller Williams ONEChicago, played a crucial role in overseeing the transaction of the single-family residential property at 734 West Hutchinson Street. With their expertise and negotiation skills, they ensured a successful sale for Lerry & Farissa Knox, who were the sellers of the property.
Market 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93