Wicker Park Apartments Acquires Property At 1026 N Milwaukee Ave Chicago For $1.44M With Buyer’s Rep Michael Shiff
1026 N Milwaukee Ave, Chicago, IL, 6...
$1,440,000
$216/SF
Building Size
6,663 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property involved in this transaction is located at 1026 N Milwaukee Ave, Chicago, IL. It is a commercial asset with a sale price of $1,440,000.00 and encompasses a total square footage of 6,663. The property is situated in the Chicago market.
Summary of transation details:
- Property Type: Commercial
- Transaction Amount: $1,440,000.00
- Square Footage: 6,663
- Property Address: 1026 N Milwaukee Ave, Chicago, IL
- Market: Chicago
- Buyer: Wicker Park Apartments
- Buyer's Representative: Michael Shiff (Jameson Commercial Real Estate)
Michael Shiff from Jameson Commercial Real Estate represents Wicker Park Apartments as the buyer in this transaction. The seller details have not been provided in the context of this sale.
On the Map
$1,440,000
$216/SF
View full map
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Shiff to view all their deals.
Browse Illinois sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93