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Lincoln Park, Chicago, IL, USA

Bobby Rahal Sells Single Family Home In Lincoln Park, Chicago For $3.9M
SOLDSingle Family Residence

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.

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

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93