Paul Cawthon & Angelo Labriola Of SVN Commercial Sell Mixed-Use Property For $2.35M In Pilsen
1800 South Throop Street, Chicago, Illinois 60608, United States
$2,350,000
$284/SF
Building Size
8,250 SF
Asset Type
Mixed-use
Closing
Jun 22, 2022
AI
A mixed-use property located at 1800 S Throop St in Pilsen, Chicago has been sold for $2,350,000. The property spans 8,250 square feet and has a price per square foot of $285. It consists of 7 units, resulting in a price per unit of $335,714.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,350,000
- Address: 1800 S Throop St, Pilsen, Chicago
- Market: Pilsen, Chicago
The sale was facilitated by the brokers Paul Cawthon and Angelo Labriola from SVN Commercial. Their expertise and negotiation skills played a crucial role in successfully closing the deal.
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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93