Interra Realty Represents Both Sides In $4.95M Sale Of Mixed-Use Property In Chicago
2105 West Caton Street
$4,950,000
Units
9
Asset Type
Mixed-use
Closing
May 29, 2026
About this deal
AI
The mixed-use property located at 2105 West Caton Street in Chicago, IL, was sold for $4,950,000. This asset consists of 9 units, translating to a price per unit of $550,000. The building, constructed in 2023, is fully occupied and situated in the Bucktown neighborhood.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,950,000
- Units: 9
- Price Per Unit: $550,000
- Market: Chicago, IL
- Date of Transaction: 05/29/2026
- Broker: Brad Feldman - Interra Realty
Brad Feldman from Interra Realty represented both sides in this transaction. The deal involved local investors and underscored the strong demand for newer construction properties with assumable debt options.
Players
Corning 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
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93