facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Mixed Use

/

Sale

/

4503 North Milwaukee Avenue

Essex Realty Group Inc. Brokers Sell Mixed-Use Property In Portage Park, Chicago For $2.6M At 4501 & 4503 N Milwaukee Ave
SOLDMixed-use

Essex Realty Group Inc. Brokers Sell Mixed-Use Property In Portage Park, Chicago For $2.6M At 4501 & 4503 N Milwaukee Ave

4503 North Milwaukee Avenue

$2,600,000

$145/SF

Building Size

17,935 SF

Asset Type

Mixed-use

Closing

Nov 29, 2022

AI

A mixed-use property located at 4501 & 4503 N Milwaukee Ave in Portage Park, Chicago, has been sold for a total of $2,600,000. The property spans over 17,935 square feet, resulting in a price per square foot of $145.

Summary of transaction details

Represented by Doug Imber, Kate Varde, Jaimie Steinher, Dan Shepherd, and Rick Ofman from Essex Realty Group, Inc., the sale of this mixed-use property closed on November 29, 2022. For any further questions regarding this transaction, please contact Essex Realty Group, Inc.

Players

Kate Varde

Essex Realty Group

Broker

$298.6M

vol

37 deals

Broker

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93