SOLDMixed-use
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
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.
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