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Jameson Sotheby's International Realty Sells Lincoln Park Single Family Home For $1.63M

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SOLD
$1,630,000

Illinois

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Single Family Residence7,000 SF
Sold 08/27/2021
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Property Image
SOLD

Jameson Sotheby's International Realty Sells Lincoln Park Single Family Home For $1.63M

Lincoln Park, Chicago, IL, USA

See Similar Deals
Single Family Residence7,000 SF
Sold 08/27/2021
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$232
Total Square Footage:7,000 SF
Transaction Type:Sale

The recently closed property transaction in Lincoln Park, Chicago involved the sale of a single-family home. This property, spanning approximately 4,850 square feet, was sold for a price of $1,630,000, resulting in a per square foot (PPSF) value of $336. The transaction took place on August 27, 2021, with Rachel Krueger and Debbie Maue from Jameson Sotheby's International Realty representing the sellers, Joycelyn and Dave Leitao.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,630,000
  • Market: Lincoln Park, Chicago
  • Square Footage: 4,850
  • Price Per Square Foot (PPSF): $336
  • Sellers: Joycelyn & Dave Leitao
  • Seller's Representatives: Rachel Krueger & Debbie Maue - Jameson Sotheby's International Realty

During the transaction, Rachel Krueger and Debbie Maue, representing Jameson Sotheby's International Realty, acted as the brokers for the sellers, facilitating the successful sale of the property. Their expertise and diligence contributed to the completion of the deal.

Players

Jennifer Mills
4 deals$16M volume
BROKER

Rachel Krueger
Sotheby's International Realty
3 deals$9.4M volume
BROKER

Debbie Maue
Sotheby's International Realty
1 deal$1.6M volume
BROKER

Details

SOLD
IMAGE: Debbie Maue & Rachel Krueger DATE: 08/27/2021 MARKET: Lincoln Park, Chicago ASSET TYPE: Single Family SELLER: Joycelyn & Dave Leitao BROKERS: Rachel Krueger & Debbie Maue - Jameson Sotheby's International Realty SALE PRICE: $1,630,000 SF: 4,850 ~ PPSF: $336

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$86,933.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,791.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,727.03
Annual Debt Service$92,724.38