FCA Acquires Property At 4630 N Beacon St Chicago For $6.54 Million With Joe Scheck As Rep
4630 N Beacon St, Chicago, IL, 60640
$6,540,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property located at 4630 N Beacon St, Chicago, IL, 60640, was sold in a transaction valued at $6,540,000. The asset consists of 0 square feet, with no specific characteristics described regarding its physical attributes. This sale occurred within the Chicago market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $6,540,000.00
- Address: 4630 N Beacon St, Chicago, IL, 60640
- Market: Chicago
- Buyer: FCA
- Seller: FCA
- Buyer's Representative: Joe Scheck-Essex Realty Group
This transaction involved FCA as both the buyer and the seller, indicating a unique situation where the same entity was responsible for both sides of the deal. Joe Scheck from Essex Realty Group represented FCA in this transaction, ensuring the execution of the sale went smoothly.
On the Map
$6,540,000
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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
2.43%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93