Mixed-Use Property In Lakeview, Chicago Sells For $929,000 On W Belmont Ave
2155 West Belmont Avenue
$929,000
$269/SF
Building Size
3,450 SF
Asset Type
Mixed-use
Closing
Aug 18, 2022
AI
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.
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
17.08%
Cash-on-Cash
-4.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93