Edward Grochowiak Properties Acquires Development Site On Chicago's Astor St For $1.55M
SOLD
$1,550,000
Illinois
See Similar DealsDevelopment Site2,835 SF
Sold 04/15/2021
SOLD
Edward Grochowiak Properties Acquires Development Site On Chicago's Astor St For $1.55M
1401 N Astor St, Chicago, IL, USA
See Similar DealsDevelopment Site2,835 SF
Sold 04/15/2021
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$546
Total Square Footage:2,835 SF
Transaction Type:Sale
A development site located at 1401 N Astor St in Chicago has been sold for $1,550,000. The transaction took place on April 15, 2021. The property is situated in a prime location in the Chicago market.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,550,000
- Address: 1401 N Astor St, Chicago
- Market: Chicago
The buyer's representative in this deal was Edward Grochowiak Properties. The seller's representatives were Sharon Gillman and Marissa Schaefer from Compass. They played a crucial role in facilitating the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
Is there something missing? Send suggestions