Vito Brancato Acquires Mixed-Use Property In Wicker Park, Chicago For $1.575M
1750 West North Avenue, Chicago, Illinois 60622, United States
$1,575,000
$242/SF
Building Size
6,490 SF
Asset Type
Mixed-use
Closing
Oct 26, 2022
AI
The mixed-use property located at 1750 W North Ave in Wicker Park, Chicago, IL has been sold for $1,575,000. The transaction took place on 10/27/2022. The property has a total area of 6,490 square feet, resulting in a price per square foot of $243.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,575,000
- Address: 1750 W North Ave, Wicker Park, Chicago, IL
- Market: Wicker Park, Chicago, IL
Vito Brancato is the buyer of the property, represented by Michael Scanlon and Jake Fugman from eXp Realty. Marcus Sullivan from SVN acted as the seller's representative in the transaction.
NOTE: No additional information is available about the individuals or companies involved in the deal.
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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93