Drew Dillon And Scott Maesel Of SVN Chicago Commercial Sell Mixed-Use Building In Chicago For $2.7M
1859 West Chicago Avenue
$2,700,000
$291/SF
Building Size
9,267 SF
Asset Type
Mixed-use
Closing
Jul 9, 2025
About this deal
AI
A mixed-use building located at 1859 West Chicago Avenue in Chicago has been sold for $2,700,000. The property spans 9,267 square feet and includes six residential apartments along with a ground-floor veterinary clinic, situated in the Ukrainian Village neighborhood.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,700,000
- Square Footage: 9,267 SF
- Price Per Square Foot: $291
- Address: 1859 West Chicago Avenue
- Market: Chicago
- Brokers: Drew Dillon & Scott Maesel - SVN Chicago Commercial
Drew Dillon and Scott Maesel represented both the buyer and seller in this transaction, facilitating the sale through their brokerage, SVN Chicago Commercial.
On the Map
$2,700,000
$291/SF
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93