Mixed-Use Property In Lakeview, Chicago Sells For $929,000 On W Belmont Ave
SOLD
$929,000
Illinois
See Similar DealsMixed-use3,450 SF
Sold
SOLD
Mixed-Use Property In Lakeview, Chicago Sells For $929,000 On W Belmont Ave
2155 West Belmont Avenue
See Similar DealsMixed-use3,450 SF
Sold
Summary
ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$269
Total Square Footage:3450 SF
Transaction Type:Sale
Located in Lakeview, Chicago, this mixed-use property at 2155 W Belmont Ave has been sold for a transaction amount of $929,000. The property spans across 3,450 square feet, resulting in a price per square foot of $269.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $929,000
- Square Footage: 3,450 sqft
- Price Per Square Foot: $269
- Address: 2155 W Belmont Ave, Lakeview, Chicago
The sale of this property was facilitated by Kevin Itima from Root Realty. He served as the seller's representative in the transaction, ensuring a smooth and successful deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$49,546.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,300.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,403.93
Annual Debt Service$52,847.21
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