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6326 North Washtenaw Avenue...

Archdiocese Of Chicago Sells Chicago Special Purpose Property For $2.95M
SOLD

Archdiocese Of Chicago Sells Chicago Special Purpose Property For $2.95M

6326 North Washtenaw Avenue, Chicago, Illinois 60659, United States

$2,950,000

$70/SF

Building Size

42,000 SF

Asset Type

Closing

Feb 21, 2022

AI

The special purpose property located at 6326 N Washtenaw Ave in Chicago has been sold in a closed transaction. The seller of the property was the Archdiocese of Chicago. The sale was facilitated by the brokers Ari Topper, Tyler Dechter, and Owen Wiesner from Baum Realty Group. The transaction took place on February 22, 2022.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $2,950,000
  • Address: 6326 N Washtenaw Ave, Chicago
  • Market: Chicago
  • Size: 42,000 square feet
  • Price per square foot: $70

Owen Wiesner, Ari Topper, and Tyler Dechter from Baum Realty Group served as the representatives for the seller, the Archdiocese of Chicago. They played an integral role in facilitating the successful sale of this special purpose property in Chicago.

Players

Ari Topper

Broker

$34.6M

vol

8 deals

Broker
AC
Archdiocese Of ChicagoSeller

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

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93