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Ayo Dosunmu buys Wicker Pa...

Ayo Dosunmu Acquires Wicker Park Single Family Home For $2.2M With Buyer's Rep Shaena Flanagan - Coldwell Banker ; Peter Angelo - Jameson Sotheby’s International Realty And Seller's Rep Alex Wolking - Keller Williams ONEChicago
SOLDSingle Family

Ayo Dosunmu Acquires Wicker Park Single Family Home For $2.2M With Buyer's Rep Shaena Flanagan - Coldwell Banker ; Peter Angelo - Jameson Sotheby’s International Realty And Seller's Rep Alex Wolking - Keller Williams ONEChicago

$2,200,000

$466/SF

Building Size

4,716 SF

Asset Type

Single Family

Closing

Aug 31, 2023

AI

Ayo Dosunmu, a Chicago Bulls guard and Chicago native, recently purchased a contemporary-style single-family home in Wicker Park for $2.2 million. The six-bedroom house, constructed in 2018, offers a turnkey city residence for Dosunmu and showcases luxurious features such as a rooftop deck with a hot tub, a movie theater, and a game room. Spanning 4,716 square feet, the property provides ample space for Dosunmu to unwind and entertain guests.

Summary of Transaction Details:

  • Property Type: Single Family
  • Transaction Amount: $2,200,000
  • Square Footage: 4,716
  • Price per Square Foot: $466
  • Market: Wicker Park, Chicago

In this sale, Ayo Dosunmu was represented by Shaena Flanagan from Coldwell Banker and Peter Angelo from Jameson Sotheby’s International Realty. On the other side, the seller's representative was Alex Wolking from Keller Williams ONEChicago. Their expertise and negotiation skills played a vital role in facilitating the successful transaction.

Players

Alex Wolking

Keller Williams Realty

Broker

$25.1M

vol

13 deals

Broker

Market 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93