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Tameka Lewis-Madkins Of Keller Williams Preferred Realty Represents Buyer In $1.45M Mixed-Use Sale In Chicago

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SOLD
$1,450,000

Illinois

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Mixed-use5,626 SF
Sold 10/10/2024
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Property Image
SOLD

Tameka Lewis-Madkins Of Keller Williams Preferred Realty Represents Buyer In $1.45M Mixed-Use Sale In Chicago

1413 West Taylor Street

See Similar Deals
Mixed-use5,626 SF
Sold 10/10/2024
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Summary

ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$257
Total Square Footage:5,626 SF
Transaction Type:Sale

The mixed-use property at 1413 West Taylor Street in Chicago has been sold for $1,450,000, comprising 5,626 square feet at a price per square foot of $258. The building is fully rented with five apartments and one retail space, featuring an eight-year-old total rehab and situated in the University Village neighborhood, close to major medical facilities and public transportation, with three parking spots available behind the building.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,450,000
  • Units: 6
  • Price Per Unit: $241,667
  • Square Footage: 5,626
  • Price Per Square Foot: $258
  • Buyer's Representative: Tameka Lewis-Madkins - Keller Williams Preferred Realty
  • Seller's Representative: Theodore Mazola - New West Realty Partners LLC

Tameka Lewis-Madkins represented the buyer in this transaction while Theodore Mazola represented the seller, highlighting the collaboration between Keller Williams Preferred Realty and New West Realty Partners LLC in facilitating the sale of this property.

Players

2 deals$2.5M volume
BROKER

Tameka Lewis-Madkins
1 deal$1.5M volume(847) 445-0542
BROKER

Details

SOLD
IMAGE: Tameka Lewis-Madkins DATE: 10/10/2024 ADDRESS: 1413 West Taylor Street MARKET: Chicago ASSET TYPE: Mixed-use BUYER'S REP: Tameka Lewis-Madkins (@Tamekasellshomes) - Keller Williams Preferred Realty SELLER'S REP: Theodore Mazola - New West Realty Partners LLC SALE PRICE: $1,450,000 UNITS: 6 ~ PPU: $241,667 SF: 5,626 ~ PPSF: $258 NOTE: The mixed-use property at 1413 West Taylor Street in Chicago has been sold for $1,450,000, comprising 5,626 square feet at a price per square foot of $258. The building, fully rented with five apartments and one retail space, features an eight-year-old total rehab and is situated in the University Village neighborhood, close to major medical facilities and public transportation, with three parking spots available behind the building.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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