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TV Anchor Phil Ponce Sells Lincoln Square Home In Chicago For $1.52M
SOLDSingle Family Residence

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

Linda Breedlove

Berkshire Hathaway HomeServices

Broker

$4.2M

vol

2 deals

Broker

Northbrook Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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