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Illinois

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Mixed Use

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3905 North Western Avenue

Updated Sep 4, 2026

Bilt advertisement
Vista Property Acquires Mixed-Use Asset In Chicago For $15.2 Million With Seller's Rep Kyle Stengle
SOLDMixed-use

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

Kyle Stengle

Marcus & Millichap

Broker

$218.8M

vol

45 deals

Broker
VP
Vista PropertyBuyer

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $262 per square foot on a published $15.2M for 58,000 square feet (2026).

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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

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