John Przybyla & John Preston Acquire Mixed-Use Property On Irving Park Rd For $1.47M
SOLD
$1,465,000
Illinois
See Similar DealsMixed-use10,000 SF
Sold 05/25/2022
SOLD
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
See Similar DealsMixed-use10,000 SF
Sold 05/25/2022
Summary
ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$146
Total Square Footage:10,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,204.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,944.85
Annual Debt Service$83,338.17
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