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Hyde Park, Chicago, Illinoi...

Bill Gates Sells Hyde Park Single Family Home For $1.5M With Broker Jason O'Beirne
SOLDSingle Family Residence

Bill Gates Sells Hyde Park Single Family Home For $1.5M With Broker Jason O'Beirne

Hyde Park, Chicago, Illinois, United States

$1,500,000

Building Size

Asset Type

Single Family Residence

Closing

Sep 21, 2022

AI

The recently closed property transaction in Hyde Park involved a single-family home that was sold for $1,500,000. The property was owned by Melinda and Bill Gates, who are also associated with Microsoft. The transaction took place on 09/22/2022.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,500,000
  • Seller: Melinda & Bill Gates - @microsoft
  • Broker: Jason O'Beirne - @jamesonsir

The deal was facilitated by Jason O'Beirne, a representative from Jameson Sotheby's International Realty. The involvement of prominent figures like Bill Gates and the association with Microsoft adds to the significance of this transaction.

Players

Jason O'Beirne

Sotheby's International Realty

Broker

$4.7M

vol

4 deals

Broker

Melinda Gates

Microsoft

Seller

$44.5M

vol

2 deals

Seller
M
MicrosoftSeller

Chicago 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93