Updated Dec 20, 2023
Dream Town Realty Acquires SFR In Park Ridge For $1.15M
919 South Prospect Avenue, Park Ridge, Illinois 60068, United States
$1,150,000
$217/SF
Building Size
5,296 SF
Asset Type
Single Family Residence
Closing
Jun 7, 2022
About this deal
AI
A single-family home located at 919 S Prospect Ave in Park Ridge has been sold for $1,150,000. The property features a spacious area of 5,296 square feet, resulting in a price per square foot of $217.
Summary of transaction details:
- Property Type: SFR
- Sale Price: $1,150,000
- Square Footage: 5,296
- Price Per Square Foot: $217
- Address: 919 S Prospect Ave, Park Ridge
- Market: Park Ridge
Megan Weber represented the buyer in this transaction through Dream Town Realty, while the seller was represented by Andy Ogorzaly from EXIT Strategy Realty. The deal concluded on June 8, 2022.
Notably, the property boasts a prime corner lot in Park Ridge and includes a rare 1st floor in-law style apartment wing.
Players
Park Ridge 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93