SOLDMixed-use
Baum Realty Group Aids In $4.1M Mixed-Use Sale At 214 S Wabash In Chicago
214 S Wabash Ave, Chicago, IL, USA
$4,100,000
$186/SF
Building Size
22,000 SF
Asset Type
Mixed-use
Closing
Aug 7, 2021
AI
Located at 214 S Wabash in Chicago, this mixed-use property was recently sold for a price of $4,100,000. Spanning over 22,000 square feet, the transaction reflects a price per square foot of $186.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Address: 214 S Wabash, Chicago
- Market: Chicago
- SF: 22,000
- PPSF: $186
The deal was facilitated by Tyler Dechter and Ari Topper from Baum Realty Group, who represented the parties involved in the transaction.
Players
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93