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1736 North Wood Street

Caroline Linder And Jason Fried Sell Bucktown Estate For $5.3M With Brokers Brad Lippitz And Tommy Choi
SOLDSingle Family

Caroline Linder And Jason Fried Sell Bucktown Estate For $5.3M With Brokers Brad Lippitz And Tommy Choi

1736 North Wood Street

$5,300,000

$662/SF

Building Size

8,000 SF

Asset Type

Single Family

Closing

Nov 26, 2024

AI

The property involved in this transaction is a single-family home located at 1736 North Wood Street in Chicago, featuring a size of 8,000 square feet. The sale price of the property was $5,300,000, which equates to a price per square foot of $663. This transaction represents a significant achievement as it set a neighborhood record in Bucktown and Wicker Park.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,300,000
  • Address: 1736 North Wood Street
  • Market: Chicago
  • Square Footage: 8,000
  • Price Per Square Foot: $663
  • Seller: Caroline Linder & Jason Fried
  • Buyer's Representative: Tommy Choi - Keller Williams ONEChicago
  • Seller's Representative: Brad Lippitz - Compass

This transaction involved key representatives in the real estate market, with Tommy Choi representing the buyer and Brad Lippitz representing the sellers, Caroline Linder and Jason Fried. The home was designed by architect Brad Lynch, contributing to its unique architectural significance in the area.

Players

Brad Lippitz

Compass

Broker

$13.1M

vol

4 deals

Broker

Chicago Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.99%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93