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2525 North Clark Street

The Shiner Group Purchases Mixed-Use Property At 2525 North Clark Street For $4.415M
SOLDMixed-use

The Shiner Group Purchases Mixed-Use Property At 2525 North Clark Street For $4.415M

2525 North Clark Street

$4,415,000

$562/SF

Building Size

7,851 SF

Asset Type

Mixed-use

Closing

Oct 3, 2025

AI

2525 North Clark Street is a mixed-use property located in the Chicago market. The asset encompasses 7,851 square feet and consists of 12 units. The sale was completed for a price of $4,415,000, resulting in a price per unit of $367,917 and a price per square foot of $562.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,415,000
  • Units: 12
  • Square Footage: 7,851
  • Price per Unit: $367,917
  • Price per Square Foot: $562
  • Buyer: The Shiner Group
  • Brokers: Kyle Stengle & Mitchell Kiven (The_Last_Tony_Last) - Marcus & Millichap
  • Date of Sale: 10/03/2025
  • Address: 2525 North Clark Street, Chicago

Marcus & Millichap facilitated the sale, with Kyle Stengle representing the seller and Mitchell Kiven securing the buyer, The Shiner Group. The transaction highlights the involvement of these brokers in managing the deal for both parties.

Players

Mitchell Kiven

Marcus & Millichap

Broker

$106.5M

vol

27 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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

3.59%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93