BGD&C Acquires Land In Chicago's North Orchard Street For $9M
1909 North Orchard Street, Chicago, Illinois 60614, United States
$9,000,000
Building Size
—
Asset Type
—
Closing
Oct 31, 2022
About this deal
AI
The property asset involved in this transaction is a land located at 1909 North Orchard Street in Chicago. The sale took place on November 1, 2022. The land was sold for a total price of $9,000,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $9,000,000
- Seller: BGD&C - Rodger Owen & Charles Grode
- Market: Chicago
The sellers of the land were BGD&C, represented by Rodger Owen and Charles Grode.
The commercial sale at 1909 North Orchard Street, Chicago, Illinois 60614, United States in Chicago, Illinois sold for $9M in 2022. This page is the Chicago, Illinois file for the 1909 North Orchard Street, Chicago, Illinois 60614, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Chicago sit in the Market section below. Filter that Chicago commercial set by closing date to see what else sold near 1909 North Orchard Street, Chicago, Illinois 60614, United States around 2022. Published consideration for 1909 North Orchard Street, Chicago, Illinois 60614, United States is $9M, dated 2022. Cite this BGD&C Acquires Land In Chicago's North Orchard Street For $9M sale when underwriting similar commercial product around Chicago, Illinois.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93