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3025 N Harlem Ave, Chicago,...

Steel City Management Sells Chicago Property For $3.84M With Seller's Reps Colin O’Malley And Joe Smazal
SOLD

Steel City Management Sells Chicago Property For $3.84M With Seller's Reps Colin O’Malley And Joe Smazal

3025 N Harlem Ave, Chicago, IL, 60634

$3,840,000

$157/SF

Building Size

24,450 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this closed transaction is located at 3025 N Harlem Ave, Chicago, IL, 60634. The price of the property is $3,840,000.00, with a total square footage of 24,450 in the Chicago market.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: $3,840,000.00
  • Address: 3025 N Harlem Ave, Chicago, IL, 60634
  • Market: Chicago
  • Seller: Steel City Management
  • Buyer: Unknown
  • Seller's Representatives: Colin O’Malley - Interra Realty, Joe Smazal - Interra Realty

This transaction features Steel City Management as the seller, with Colin O’Malley and Joe Smazal representing the seller through Interra Realty. The identity of the buyer remains unknown in this transaction.

Players

Joe Smazal

Interra Realty

Broker

$596.9M

vol

73 deals

Broker

Chicago CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.13%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93