Tomer Ben Tovim Acquires Mixed-Use Property At 1160 West Taylor Street For $2.575M
1160 West Taylor Street
$2,575,000
$204/SF
Building Size
12,600 SF
Asset Type
Mixed-use
Closing
Dec 17, 2024
About this deal
AI
This mixed-use property located at 1160 West Taylor Street in Chicago has been sold for a transaction amount of $2,575,000. The property encompasses 12,600 square feet, resulting in a price per square foot of $204.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $2,575,000
- Address: 1160 West Taylor Street
- Market: Chicago
- Square Footage: 12,600
- Price per Square Foot: $204
- Buyer: Tomer Ben Tovim
- Seller: Marsha Gentile
- Brokers: Brewster Hague & Tommy Galvin - Greenstone Partners
The transaction was facilitated by brokers Brewster Hague and Tommy Galvin, who represent Greenstone Partners. Their involvement reflects the collaborative efforts within the real estate sector, ensuring a comprehensive brokerage service throughout the sale process.
On the Map
$2,575,000
$204/SF
Mixed-use
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Players
Chicago Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93