facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Single Family

/

Sale

/

Chicago, IL, USA

Russ Rosenzweig Sells Single-Family Home In Chicago For $1.25M
SOLDSingle Family

Russ Rosenzweig Sells Single-Family Home In Chicago For $1.25M

Chicago, IL, USA

$1,250,000

$277/SF

Building Size

4,500 SF

Asset Type

Single Family

Closing

Jul 28, 2021

AI

A single-family home in Chicago was recently sold for $1,250,000. The property, measuring approximately 4,500 square feet, was listed on the market and successfully sold on July 28, 2021. The sale price equates to a price per square foot of $278, indicating the value of the property in the Chicago market.

Summary of transaction details:

  • Property Type: Single-Family
  • Transaction Amount: $1,250,000

The seller of the property was Russ Rosenzweig, who enlisted the services of Michael Rosenblum from Berkshire Hathaway HomeServices Chicago as the broker for the transaction. Michael Rosenblum represented Russ Rosenzweig throughout the sale, ensuring a successful deal for both parties involved.

Players

Michael Rosenblum

Berkshire Hathaway HomeServices

Broker

$10.4M

vol

4 deals

Broker

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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93