Craig Martin & Harrison Pinkus Represent Buyer In $2.12M Sale Of Mixed-Use Building In Chicago
1701 West Chicago Avenue
$2,120,000
Building Size
—
Asset Type
Mixed-use
Closing
Sep 24, 2026
About this deal
AI
The property involved in this transaction is a four-unit mixed-use building located at 1701 West Chicago Avenue in Chicago's West Town neighborhood. The transaction closed at a price of $2,120,000. This fully occupied asset features three renovated two-bedroom apartments along with a ground-level retail space that is leased to Caterpillar Care.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $2,120,000
- Address: 1701 West Chicago Avenue
- Market: Chicago, IL
- Broker Representatives: Craig Martin & Harrison Pinkus - Interra Realty
Craig Martin and Harrison Pinkus, both associated with Interra Realty, acted as representatives in this transaction, facilitating the deal between the confidential buyer and private seller. The emphasis on the fully occupied status of the property highlights its rental viability, confirming that it meets current market demands.
On the Map
$2,120,000
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
7.48%
Cash-on-Cash
-2.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93