Tomer Ben Tovim Acquires Mixed-Use Property At 1160 West Taylor Street For $2.575M
SOLD
Illinois
See Similar DealsMixed-use12,600 SF
Sold 12/17/2024
SOLD
Tomer Ben Tovim Acquires Mixed-Use Property At 1160 West Taylor Street For $2.575M
1160 West Taylor Street
See Similar DealsMixed-use12,600 SF
Sold 12/17/2024
Summary
ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$204
Total Square Footage:12,600 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76
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