SOLDCo-Op
Engel & Völkers Chicago North Shore Acquires Lincoln Park Condo For $776K
1316 W Wrightwood Ave #2, Chicago, IL 60614, USA
$776,000
Building Size
—
Asset Type
Co-Op
Closing
Nov 15, 2022
About this deal
AI
A condo located at 1316 W Wrightwood Avenue in Lincoln Park, Chicago, Illinois has been sold for a price of $776,000. The transaction took place on November 15, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $776,000
- Address: 1316 W Wrightwood Avenue, Lincoln Park, Chicago, IL
- Buyer's Representative: Joe Gerber - Gerber Group - Engel & Völkers Chicago North Shore
- Seller's Representative: Kate Waddell - Kate Waddell Group - Compass
The buyer was represented by Joe Gerber from Gerber Group at Engel & Völkers Chicago North Shore, while the seller was represented by Kate Waddell from Kate Waddell Group at Compass.
Players
Market Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.44%
Cash-on-Cash
-5.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93