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
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