Lori And Chris Holtman Purchase Single Family Home In Lincoln Park For $4.03M
2118 North Magnolia Avenue
$4,030,000
$732/SF
Building Size
5,500 SF
Asset Type
Single Family
Closing
Jun 11, 2024
AI
A 5,500-square-foot single-family home located at 2118 North Magnolia Avenue in the Chicago market has been sold for $4,030,000, reflecting a price per square foot of $733. This transaction indicates a noteworthy increase in property value, having been acquired for $1.2 million in 2016.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $4,030,000
- Address: 2118 North Magnolia Avenue
- Market: Chicago
- Square Footage: 5,500
- Price per Square Foot: $733
- Buyer: Lori & Chris Holtman
- Buyer's Representative: Millie Rosenbloom - Baird & Warner
- Seller's Representatives: Anne Killarney & Brad Lippitz - Compass
Chris Holtman, the newly appointed head coach of DePaul University men’s basketball, and his wife Lori are the buyers of this property. The transaction illustrates a significant investment in the Lincoln Park neighborhood.
Players
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
3.94%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93