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Ravenswood, Chicago, Illino...

Merrill & Jed Hoyer Sell Ravenswood Single Family Home For $3.52M With Jeffrey Lowe Of Compass
SOLDSingle Family Residence

Merrill & Jed Hoyer Sell Ravenswood Single Family Home For $3.52M With Jeffrey Lowe Of Compass

Ravenswood, Chicago, Illinois, United States

$3,520,000

$469/SF

Building Size

7,500 SF

Asset Type

Single Family Residence

Closing

Jul 18, 2022

AI

The single-family property located in Ravenswood has been sold for a price of $3,520,000. The property spans across 7,500 square feet, resulting in a price per square foot of $469.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,520,000
  • Market: Ravenswood

The sellers of the property were Merrill and Jed Hoyer, who are associated with the @cubs. The deal was facilitated by broker Jeffrey Lowe from Compass.

Players

Jeffrey Lowe

Compass

Broker

$95.8M

vol

30 deals

Broker
c
cubsSeller

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

4.51%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93