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

/

5228 South Blackstone Avenu...

Keller Williams ONEChicago Acquires Mixed-Use Property In Hyde Park, Chicago For $10.4M
SOLDMixed-use

Keller Williams ONEChicago Acquires Mixed-Use Property In Hyde Park, Chicago For $10.4M

5228 South Blackstone Avenue, Chicago, Illinois 60637, United States

$10,400,000

Building Size

Asset Type

Mixed-use

Closing

Jan 20, 2022

AI

Located in Hyde Park, Chicago, the mixed-use property located at 5228 Blackstone St. was recently sold for a price of $10,400,000. The transaction took place on January 20, 2022. The property comprises 40 units, with each unit having a price per unit (PPU) of $260,000.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $10,400,000
  • Address: 5228 Blackstone St., Hyde Park, Chicago
  • Market: Hyde Park, Chicago

The sale of this property was facilitated by the brokers Frank Martinez and Tony Hardy, who represented the parties involved in the transaction. They are from the agency Keller Williams ONEChicago.

Players

Frank Martinez

Keller Williams Realty

Broker

$10.4M

vol

1 deal

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

1.53%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93