Updated Dec 4, 2024
Historic Gold Coast Mansion In Chicago Sells For $4.3M On North Astor Street
1511 North Astor Street
$4,300,000
$503/SF
Building Size
8,545 SF
Asset Type
Single Family
Closing
Oct 11, 2023
About this deal
AI
A historic Gold Coast mansion in Chicago's prestigious North Astor Street has been sold off-market for $4.3 million. The six-bedroom property spans an impressive 8,545 square feet, showcasing the ongoing allure of the Gold Coast area for high-end buyers.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,300,000
- Address: 1511 North Astor Street, Chicago
- Market: Chicago's Gold Coast
- Square Footage: 8,545
- Price Per Square Foot: $503
The undisclosed buyer purchased the mansion through a land trust, ensuring privacy and discretion throughout the transaction. The property's previous owner, Rosemary Baur, adds to its historical significance.
Players
Chicago Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $503 per square foot on a published $4.3M for 8,545 square feet (2023).
Browse Chicago single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93