John Przybyla & John Preston Acquire Mixed-Use Property On Irving Park Rd For $1.47M
2922 West Irving Park Road, Chicago, Illinois 60618, United States
$1,465,000
$146/SF
Building Size
10,000 SF
Asset Type
Mixed-use
Closing
May 24, 2022
About this deal
AI
The mixed-use property located at 2922 W Irving Park Rd in Irving Park has been sold for $1,465,000. The property spans approximately 10,000 square feet, resulting in a price per square foot of $147.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,465,000
- Address: 2922 W Irving Park Rd
- Market: Irving Park
- Square Footage: 10,000
The sale was facilitated by brokers John Preston and John Przybyla from Horvath & Tremblay.
The mixed use sale at 2922 West Irving Park Road, Chicago, Illinois 60618, United States in Chicago, Illinois sold for $1.5M in 2022. The building is 10,000 square feet, implying about 146 per square foot on the published price. John Preston, John Przybyla, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Chicago, Illinois file for the 2922 West Irving Park Road, Chicago, Illinois 60618, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Chicago sit in the Market section below. Filter that Chicago mixed use set by closing date to see what else sold near 2922 West Irving Park Road, Chicago, Illinois 60618, United States around 2022. Published consideration for 2922 West Irving Park Road, Chicago, Illinois 60618, United States is $1.5M, dated 2022. Cite this John Przybyla & John Preston Acquire Mixed-Use Property On Irving Park Rd For $1.47M sale when underwriting similar mixed use product around Chicago, Illinois.
On the Map
$1,465,000
$146/SF
Mixed-use
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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
10.83%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93