Greenstone Partners Brokers Sale Of Mixed-Use Property On North Ave In Chicago For $1.025M
1637 West North Avenue, Chicago, Illinois 60622, United States
$1,025,000
$271/SF
Building Size
3,780 SF
Asset Type
Mixed-use
Closing
Apr 10, 2022
About this deal
AI
The mixed-use property located at 1637 W North Ave in Chicago has been sold in a recent transaction. The property, with a total area of 3,780 square feet, was sold for $1,025,000, resulting in an approximate price per square foot of $271. The sale was facilitated by Brewster Hague of Greenstone Partners.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,025,000
- Market: Chicago
- Address: 1637 W North Ave
- Broker: Brewster Hague - Greenstone Partners
Brewster Hague, representing Greenstone Partners, played a crucial role in the successful completion of this transaction.
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93