Kurt Bender & Mark Barnes Of Bender Companies Acquire Mixed-Use Asset In Chicago For $28.45M
1900 West Lawrence Avenue
$28,450,000
$303/SF
Building Size
93,766 SF
Asset Type
Mixed-use
Closing
Dec 21, 2025
AI
The mixed-use property located at 1900 West Lawrence Avenue in Chicago has been sold for a total of $28,450,000. The asset encompasses 93,766 square feet with a total of 59 units, representing a price per unit of $482,203 and a price per square foot of $303.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $28,450,000
- Units: 59
- Square Footage: 93,766
- Price Per Unit: $482,203
- Price Per Square Foot: $303
- Buyer: Kurt Bender & Mark Barnes - Bender Companies
- Seller: LoanCore Capital
- Broker Representatives: Jack Maloney, Brad Smith & Anna Lovell - Cushman & Wakefield
The transaction involved notable figures such as Kurt Bender and Mark Barnes from Bender Companies, indicating their role as buyers in this real estate deal. The seller in the transaction was LoanCore Capital, while the brokerage firm Cushman & Wakefield represented the buyer through brokers Jack Maloney, Brad Smith, and Anna Lovell.
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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93