Brewster Hague Brokers $7.5M Mixed-Use Sale In Wicker Park, Chicago
1725 West Division Street, Chicago, Illinois 60610, United States
$7,500,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 5, 2022
About this deal
AI
The property involved in this closed transaction is a mixed-use asset located at 1725 W Division St, 1670 W. Division St & 1920 W. Division St. in Wicker Park, Chicago. The property consists of a combination of commercial and residential spaces. The sale of this property was facilitated by Brewster Hague of Greenstone Partners, who represented the parties involved in the transaction.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $7,500,000
- Date: 06/06/2022
- Market: Wicker Park, Chicago
Brewster Hague of Greenstone Partners played a crucial role as the broker in this transaction, ensuring a successful deal for the buyer and seller. The sale price of $7,500,000 reflects the value of the property and the market demand in Wicker Park. This transaction showcases the expertise and professionalism of Brewster Hague and Greenstone Partners in the real estate market.
On the Map
$7,500,000
Mixed-use
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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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93