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1800 South Allport Street, ...

Chicago Mixed-Use Property Sold For $1.8M With Nate Gautsche As Buyer's Rep
SOLDMixed-use

Chicago Mixed-Use Property Sold For $1.8M With Nate Gautsche As Buyer's Rep

1800 South Allport Street, Chicago, Illinois 60608, United States

$1,795,000

$332/SF

Building Size

5,400 SF

Asset Type

Mixed-use

Closing

May 24, 2022

AI

The mixed-use property located at 1800 S Allport St in Chicago has been sold for a total price of $1,795,000. The transaction took place on 05/25/2022, and the property spans a total area of 5,400 square feet. It is situated in the vibrant Chicago market.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,795,000
  • Address: 1800 S Allport St, Chicago
  • Square Footage: 5,400
  • Price Per Square Foot: $332

The buyer was represented by Nate Gautsche from Chicago Real Estate Resources (CRER), while the seller was represented by Paul Cawthon and Angelo Labriola from SVN | Chicago Commercial. Both parties played crucial roles in facilitating the successful transaction of this property.

Players

Nathan Gautsche

CRER (Chicago Real Estate Resources)

Broker

$44.6M

vol

15 deals

Broker

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

8.84%

Cash-on-Cash

-2.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93