Eudice Fogel And Jayme Slate Of Compass Represent Buyers In Lincoln Park Mansion Sale For $5.8M

A single-family home located at 1856 North Mohawk Street in Chicago has been sold for $5,800,000. The property spans 8,700 square feet, resulting in a price per square foot of $667. The sale occurred in a luxury market environment where high-end properties have shown a trend of selling for less than previous purchase prices.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $5,800,000
• Address: 1856 North Mohawk Street
• Market: Chicago
• Square Footage: 8,700
• Price Per Square Foot: $667
• Buyer's Representation: Eudice Fogel & Jayme Slate - Compass
• Seller's Representation: Emily Sachs Wong - @properties Christie’s International Real Estate

This transaction reflects a significant financial impact for the sellers, having incurred a loss of $2,300,000 from their original purchase price of $8,100,000 just three years prior. The brokerage team included Emily Sachs Wong representing the sellers and Eudice Fogel and Jayme Slate representing the buyers, highlighting the collaborative efforts involved in this high-value transaction.