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4834 South Halsted Street, ...

Updated Dec 22, 2023

GenStone Realty Acquires Land In Chicago For $1.8M
SOLD

GenStone Realty Acquires Land In Chicago For $1.8M

4834 South Halsted Street, Chicago, IL 60609, USA

$1,800,000

$42/SF

Building Size

42,253 SF

Asset Type

Closing

Aug 19, 2021

About this deal

AI

A land property located at 4834 S Halsted St in Chicago has recently been sold for a sale price of $1,800,000. The transaction took place on 08/19/2021. The land asset was represented by Tiffany Webb from GenStone Realty. No additional information about the property, such as its square footage or market value, is available.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,800,000

Tiffany Webb, from GenStone Realty, acted as the seller's representative in this transaction.

The commercial sale at 4834 South Halsted Street, Chicago, IL 60609, USA in Chicago, Illinois sold for $1.8M in 2021. The building is 42,253 square feet, implying about 42 per square foot on the published price. This page is the Chicago, Illinois file for the 4834 South Halsted Street, Chicago, IL 60609, USA 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 4834 South Halsted Street, Chicago, IL 60609, USA around 2021. Published consideration for 4834 South Halsted Street, Chicago, IL 60609, USA is $1.8M, dated 2021. Cite this GenStone Realty Acquires Land In Chicago For $1.8M 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

About $42 per square foot on a published $1.8M for 42,253 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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