Bobby Rahal Sells Single Family Home In Lincoln Park, Chicago For $3.9M
Lincoln Park, Chicago, IL, USA
$3,900,000
$557/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Sep 22, 2021
AI
Bobby Rahal has sold his single-family home in Lincoln Park, Chicago, for a price of $3,900,000. The property spans 7,000 square feet, resulting in a price per square foot of $557. The transaction took place on September 22, 2021, and was facilitated by Jennifer Mills from Jameson Sotheby's International Realty.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $3,900,000
- Market: Lincoln Park, Chicago
- Square Footage: 7,000
- Price per Square Foot: $557
- Seller: Bobby Rahal
- Broker: Jennifer Mills - Jameson Sotheby's International Realty
Bobby Rahal enlisted the services of Jennifer Mills from Jameson Sotheby's International Realty to represent him in the sale of his single-family home. The transaction, which occurred on September 22, 2021, marked the successful transfer of the property for a sale price of $3,900,000. Rahal's decision to work with Mills from Jameson Sotheby's International Realty proved to be fruitful, as they were able to finalize the deal in the sought-after area of Lincoln Park, Chicago.
Chicago 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93