Vista Property Acquires Mixed-Use Asset In Chicago For $15.2 Million With Seller's Rep Kyle Stengle
3905 North Western Avenue
$15,200,000
$262/SF
Building Size
58,000 SF
Asset Type
Mixed-use
Closing
Aug 25, 2026
About this deal
AI
The property asset involved in the transaction is a mixed-use building located at 3905-3929 North Western Avenue, Chicago, IL. The asset comprises four commercial units and 30 residential units. The total sale price of the property is $15,200,000, with a total of 34 units, which translates to a price per unit of $447,059. The building has a total square footage of 58,000, yielding a price per square foot of $262.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $15,200,000
- Units: 34
- Price Per Unit: $447,059
- Square Footage: 58,000
- Price Per Square Foot: $262
- Buyer: Vista Property
- Seller's Representative: Kyle Stengle - Marcus & Millichap
- Transaction Date: 08/25/2026
Key individuals involved in the deal include buyer Vista Property, which acquired the asset, and the seller's representative Kyle Stengle from Marcus & Millichap, who facilitated the transaction on behalf of the seller.
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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93