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4222 West Fullerton Avenue

Brian Mond Of Mond Properties Acquires Mixed-Use Asset In Chicago For $800,000
SOLDMixed-use

Brian Mond Of Mond Properties Acquires Mixed-Use Asset In Chicago For $800,000

4222 West Fullerton Avenue

$800,000

$109/SF

Building Size

7,306 SF

Asset Type

Mixed-use

Closing

Aug 15, 2024

AI

The transaction involves a mixed-use property located at 4222 West Fullerton Avenue in the Chicago market. The sale price was $800,000, with a total square footage of 7,306, equating to a price per square foot of $109.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $800,000
  • Address: 4222 West Fullerton Avenue
  • Market: Chicago
  • Square Footage: 7,306
  • Price per Square Foot: $109
  • Buyer: Brian Mond - Mond Properties
  • Seller: Antonio Perez
  • Brokers: Harrison Cohen & James Thompson - TRITON Realty Group

Brian Mond, representing Mond Properties, has added this property as the fourteenth in the firm's portfolio, which focuses on workforce housing developments in Chicago. The company engages in investment, renovation, and repair initiatives.

Players

Harrison Cohen

TRITON Realty Group

Broker

$57.7M

vol

10 deals

Broker

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

19.83%

Cash-on-Cash

-5.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93