FCA Acquires Property At 1856 N Western Ave Chicago For $741000 With Buyer's Rep Michael Shiff
SOLD
$741,000
Illinois
See Similar Deals4,986 SF
SOLD
FCA Acquires Property At 1856 N Western Ave Chicago For $741000 With Buyer's Rep Michael Shiff
1856 N Western Ave, Chicago, IL, 60647
See Similar Deals4,986 SF
Summary
ILLINOIS
Price Per Square Foot:$148
Total Square Footage:4,986 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 1856 N Western Ave, Chicago, IL, 60647. The transaction was finalized at a price of $741,000.00 and encompasses a total square footage of 4,986. This asset is situated within the Chicago market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $741,000.00
- Address: 1856 N Western Ave, Chicago, IL, 60647
- Market: Chicago
- Square Footage: 4,986
- Buyer's Representative: Michael Shiff (Jameson Commercial Real Estate)
- Buyer: FCA
Michael Shiff from Jameson Commercial Real Estate represented the buyer, FCA, in this transaction. The details emphasize the involvement of key individuals in the sale, highlighting the role of the representative in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$39,520.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,632.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,512.72
Annual Debt Service$42,152.62
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