Root Realty Sells Special Purpose Property In Bridgeport, Chicago For $800,000
SOLD
$800,000
Illinois
See Similar DealsSpecial Purpose11,965 SF
Sold 05/10/2022
SOLD
Root Realty Sells Special Purpose Property In Bridgeport, Chicago For $800,000
3018 South Wells Street
See Similar DealsSpecial Purpose11,965 SF
Sold 05/10/2022
Summary
ILLINOIS
Asset Type:Special Purpose
Price Per Square Foot:$66
Total Square Footage:11,965 SF
Transaction Type:Sale
The special purpose property located at 3018 S Wells St in Bridgeport, Chicago has been sold in a transaction. The property spans 11,965 square feet and was sold for a price of $800,000, resulting in a price per square foot of $67.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: $800,000
- Address: 3018 S Wells St, Bridgeport, Chicago
- Market: Bridgeport, Chicago
- Square Footage: 11,965
- Seller's Representative: Kevin Itima, Joseph Root & Michael Root - Root Realty
Represented by Kevin Itima, Joseph Root & Michael Root from Root Realty, the sale of this special purpose property in Bridgeport, Chicago marks a significant transaction in the real estate market.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$42,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,842.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,792.41
Annual Debt Service$45,508.90
Is there something missing? Send suggestions