facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Mixed Use

/

Sale

/

1750 West North Avenue, Chi...

Vito Brancato Acquires Mixed-Use Property In Wicker Park, Chicago For $1.575M
SOLDMixed-use

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

Marcus Sullivan

SVN

Broker

$10.3M

vol

6 deals

Broker

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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