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
About this deal
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.
On the Map
$3,840,000
$157/SF
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Players
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