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3133 North Halsted Street

Frank Campise Of Jab Real Estate Purchases Development Site From Judy Topel For $6 Million
SOLDDevelopment Site

Frank Campise Of Jab Real Estate Purchases Development Site From Judy Topel For $6 Million

3133 North Halsted Street

$6,000,000

$1,000/SF

Building Size

6,000 SF

Asset Type

Development Site

Closing

Oct 2, 2025

AI

The property involved in the transaction is a development site located at 3133 North Halsted Street in the Chicago market. The asset covers an area of 17,250 square feet and was sold for a total price of $6,000,000, resulting in a price per square foot of $348.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $6,000,000
  • Address: 3133 North Halsted Street
  • Market: Chicago
  • Square Footage: 17,250
  • Price per Square Foot: $348
  • Buyer: Frank Campise - Jab Real Estate
  • Seller: Judy Topel - Topel Family
  • Brokers: James Sheehan & Andrew Thurston - Sheehan Real Estate

Key individuals in this transaction include Frank Campise representing the buyer Jab Real Estate, and Judy Topel representing the seller Topel Family. The transaction was facilitated by brokers James Sheehan and Andrew Thurston from Sheehan Real Estate, who played a significant role in connecting the parties involved in the deal.

Players

James Sheehan

Sheehan Real Estate

Broker

$9.7M

vol

4 deals

Broker
Sheehan Real Estate
Sheehan Real EstateBrokerage

Chicago Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93