Updated Sep 5, 2024
Fulton Grace Realty Acquires Mixed-Use Property In Skokie For $900K
8047 Skokie Boulevard
$900,000
Building Size
—
Asset Type
Development Site
Closing
Feb 23, 2023
About this deal
AI
The mixed-use property located at 8047 Skokie Boulevard in Skokie has been sold for a price of $900,000. The property spans across 24,537 square feet. The sale price per square foot was $37.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $900,000
- Address: 8047 Skokie Boulevard
- Market: Skokie
- Square Footage: 24,537
- Price per Square Foot: $37
The buyer's representative in this transaction was Brian Levitas from Fulton Grace Realty. On the other hand, Steve Chrastka and Jason Wurtz from NAI Capital represented the seller.
On the Map
$900,000
Development Site
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93