Susan Miner Of Premier Relocation Represents Buyer In Lincoln Park Mansion Sale For $14.25M
400 West Dickens Avenue
$14,250,000
$950/SF
Building Size
15,000 SF
Asset Type
Single Family
Closing
Oct 1, 2024
AI
A single-family property located at 400 West Dickens Avenue in Chicago has been successfully sold for $14,250,000. The asset covers an area of 15,000 square feet on a 0.3-acre lot. The transaction reflects a price per square foot of $950 and marks a significant sale in the luxury real estate market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,250,000
- Address: 400 West Dickens Avenue
- Market: Chicago
- Square Footage: 15,000
- Price Per Square Foot: $950
- Buyer's Representative: Susan Miner - Premier Relocation and Real Estate Services
- Seller's Representatives: Ryan Preuett & Timothy Salm - Jameson Sotheby's International Realty
- Acres: 0.3
This remarkable transaction was facilitated by Susan Miner representing the buyer and Ryan Preuett along with Timothy Salm representing the seller, showcasing a collaborative effort in a closed high-value deal. The property gained attention for its rapid sale, occurring just one month after it was listed on the market.
Players
Chicago Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93