Alec Peters sells River North condo for $1.1 million

Former Phoenix Suns forward Alec Peters offered his River North condominium for $1.1 million. According to the Chicago Tribune, Peters offered his two-bedroom, 1,375-square-foot system on the 8th flooring of an 11-story structure in Chicago on July 29.

In 2019, the Valparaiso item paid $1.23 million for the condominium. Two years later on, he put his put on the marketplace for $1.32 million in February 2021.

Then, he dropped the sticker price to $1.29 million throughout the summer season. Of course, months later on in November, he then chose to take it off the marketplace.

Rafael Murillo

Additionally, Peters reduced the asking cost to $1.2 million in April 2022. Per tax records from 2020, the real estate tax expense 2 years back concerned $27,506.

Based on tax info recovered from Rosenfeld Injury Lawyers, LLC, the typical real estate tax expense in Chicago in 2021 was $2,867 annually. This was for property owners.

As of 2022, per Direct Tax Loan, the average annual real estate tax in Chicago is now $3,820. The average house worth is $246,500. So, Peters’ apartment building is an uncommon exception.

Alec Peters offers River North condominium for $1.1 million

His previous system has two-and-a-half baths, a Bosch fridge, a long terrace, an Asko dishwashing machine and quartz counter tops. The bed room consists of a restroom and a walk-in closet too.

Listing representative Rafael Murillo of Compass informed the Chicago Tribune, “He enjoys spending his summers in Chicago during the offseason.”

“However, it didn’t make sense to keep a place full-time with him playing abroad in Europe,” continued Murillo. “I think moving forward he will just find a short-term rental for the summer.”

Alec Peters sells River North condo for $1.1 million

Rafael Murillo

The big structure — built by Belgravia Group in 2017 — likewise includes a roof lounge and a gym. Though, just the rich might pay for among these systems. That must go without stating.

While Chicago has a high criminal activity rate, River North is not a bad location to live.

Peters had a hard time to offer his house house initially, however it was just due to the fact that he desired $1.32 million for it in February 2021. Now, the Washington, Illinois, native is concentrated on having fun with Olympiacos of the Greek Basket League.

Last season, while with Saski Baskonia of the Liga ACB, the forward balanced 10.7 points, 5.9 rebounds and 2.2 helps per video game in 17 looks.

In the EuroLeague, Peters balanced 9.8 points, 3.8 rebounds and 1.3 helps in 12 video games played. He likewise shot an outstanding 52.3% from the field.

During the 2017-18 season with the Suns, in 20 looks, Alec Peters balanced 4.1 points and 1.9 rebounds per video game. Plus, he shot 37.8% from the flooring and 31% from 3-point variety.

Peters might go back to the NBA in the coming months. Injuries impact beginners and bench gamers every basketball season. It might unlock for his go back to the league.

SEE: Cardinals’ Albert Pujols strikes profession crowning achievement No. 694

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