Susan Johnson Sells Mixed-Use Property In Chicago For $5.2M With Brad Feldman - Interra Realty
3546 North Southport Avenue, Chicago, IL 60657
$5,200,000
$260/SF
Building Size
20,000 SF
Asset Type
Mixed-use
Closing
Oct 8, 2021
About this deal
AI
A mixed-use property located at 3546 N. Southport in Chicago has been sold in a recent transaction. The property, spanning 20,000 square feet, was sold for a price of $5,200,000, with an asking price of $5,700,000. The sale price equates to approximately $260 per square foot. The seller of the property was Susan Johnson.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,200,000
- Address: 3546 N. Southport, Chicago
- Market: Chicago
The transaction was facilitated by Brad Feldman from Interra Realty, who represented the seller, Susan Johnson. Brad Feldman, as the broker, played a pivotal role in the successful completion of the sale.
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93