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Lincoln Park, Chicago, IL, USA

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

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

Lincoln Park, Chicago, IL, USA

$1,630,000

$232/SF

Building Size

7,000 SF

Asset Type

Single Family Residence

Closing

Aug 27, 2021

AI

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

Sotheby's International Realty

Broker

$16M

vol

4 deals

Broker

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

9.73%

Cash-on-Cash

-2.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93