facebook
Traded Co logo
Submit
Daily limit: 0/10

Lori And Chris Holtman Purchase Single Family Home In Lincoln Park For $4.03M

Property Image
SOLD
$4,030,000
Anne Killarney
Brad Lippitz
Millie Rosenbloom

Illinois

See Similar Deals
Single Family5,500 SF
Sold 06/11/2024
the dealplayerscompscontact
Property Image
SOLD

Lori And Chris Holtman Purchase Single Family Home In Lincoln Park For $4.03M

2118 North Magnolia Avenue

See Similar Deals
Single Family5,500 SF
Sold 06/11/2024
Anne Killarney
Brad Lippitz
Millie Rosenbloom
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$732
Total Square Footage:5,500 SF
Transaction Type:Sale

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:

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

Millie Rosenbloom
Baird & Warner
Millie Rosenbloom
5 deals$18.6M volume
BROKER
Brad Lippitz
Compass
Brad Lippitz
4 deals$13.1M volume
BROKER
Anne Killarney
Compass
Anne Killarney
3 deals$6.5M volume
BROKER

Details

SOLD
IMAGE: Millie Rosenbloom, Chris Holtman, Brad Lippitz & Anne Killarney DATE: 06/11/2024 ADDRESS: 2118 North Magnolia Avenue MARKET: Chicago ASSET TYPE: Single Family BUYER: Lori & Chris Holtman BUYER'S REP: Millie Rosenbloom (@MillieRosenbloom) - Baird & Warner (@BairdWarner) SELLER'S REP: Anne Killarney (@AnneKillarney) & Brad Lippitz (@BradLippitzGroup) - Compass (@Compass) SALE PRICE: $4,030,000 SF: 5,500 ~ PPSF: $733 NOTE: Chris Holtman, the new head coach of DePaul University men’s basketball, and his wife Lori bought a 5,500-square-foot home in Lincoln Park for $4 million, roughly $733 per square foot. This purchase is significantly above the neighborhood average and marks a notable increase from the $1.2 million price the property fetched in 2016.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$214,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,317.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,104.26
Annual Debt Service$229,251.07