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1900 West Lawrence Avenue

Kurt Bender & Mark Barnes Of Bender Companies Acquire Mixed-Use Asset In Chicago For $28.45M
SOLDMixed-use

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

Jack Maloney

Cushman & Wakefield

Broker

$108.7M

vol

4 deals

Broker

Kurt Bender

Bender Companies

Buyer

$347.1M

vol

8 deals

Buyer
BC
Bender CompaniesBuyer

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