TV Anchor Phil Ponce Sells Lincoln Square Home In Chicago For $1.52M
Chicago
$1,525,000
$305/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Aug 10, 2023
AI
The TV anchor Phil Ponce and his wife, Ann, have sold their historic Lincoln Square home in Chicago for $1.52 million. The property, a single-family residence with a coach house, spans across an impressive 5,000 square feet. The sale price equates to a price per square foot of $305. The buyers intend to continue using the property to house a photography business.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $1,525,000
- Market: Chicago
Jennefer Folsom and Ashley Bell, representatives of Christie's International Real Estate, acted as the seller's representatives for the transaction. Linda Breedlove, from Berkshire Hathaway HomeServices, represented the buyers in the deal.
Players
Northbrook 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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93