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Out-of-State Buyer Acquires Mixed-Use Building In Pilsen For $1.42M With Cawthon-Labriola Group
SOLD
$1,420,000
Illinois
See Similar DealsMixed-use
Sold 09/15/2025
SOLD
Out-of-State Buyer Acquires Mixed-Use Building In Pilsen For $1.42M With Cawthon-Labriola Group
1329 West 18th Street
See Similar DealsMixed-use
Sold 09/15/2025
Summary
ILLINOIS
Asset Type:Mixed-use
Transaction Type:Sale
A six-unit mixed-use building was sold at 1329 West 18th Street in Chicago's Pilsen neighborhood for $1,420,000. The property features five rehabbed apartments and includes garage parking, as well as a new five-year retail lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,420,000
- Units: 6
- Price Per Unit: $236,667
- Broker: Cawthon-Labriola Group - SVN Chicago Commercial
The transaction involved an out-of-state buyer, who acquired the fully leased building. Cawthon-Labriola Group of SVN Chicago Commercial represented the seller in this deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,044.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,731.52
Annual Debt Service$80,778.29
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