Keen Realty Sells Mixed-Use Property In Lakeview For $10.25M
3751 N Halsted St, Lake View East, Chicago, IL, USA
$10,250,000
$7,069/SF
Building Size
1,450 SF
Asset Type
Mixed-use
Closing
Mar 21, 2021
AI
A mixed-use property located at 3751 N. Halsted in Lakeview, Chicago, has been sold for a total of $10,250,000. The property consists of 24 residential units and offers approximately 13,600 square feet of commercial space. The transaction took place on March 22, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $10,250,000
- Units: 24
- Price per Unit: $427,083
- Address: 3751 N. Halsted, Lakeview
- Market: Lakeview
Keen Realty was the seller of the property. The sale was facilitated by the brokers Lee Kiser, Andy Friedman, and Jake Parker of Kiser Group.
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
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93