Essex Realty Group Facilitates $1.26M Mixed-Use Property Sale In Chicago
SOLD
$1,260,000
Illinois
See Similar DealsMixed-use12,000 SF
Sold 06/11/2023
SOLD
Essex Realty Group Facilitates $1.26M Mixed-Use Property Sale In Chicago
7456 S Eberhart Ave Chicago, IL 60619, USA
See Similar DealsMixed-use12,000 SF
Sold 06/11/2023
Summary
ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$105
Total Square Footage:12,000 SF
Transaction Type:Sale
The mixed-use property located at 7456 South Eberhart Avenue in Chicago has been sold for a total of $1,260,000. This transaction was facilitated by Brian Mond from Essex Realty Group. The property spans across 12,000 square feet, resulting in a price per square foot of $105.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,260,000
- Address: 7456 South Eberhart Avenue, Chicago
- Market: Chicago
- Square Footage: 12,000
- Price per Square Foot: $105
Congratulations to all parties involved in this successful sale. For more information about this transaction, please contact Essex Realty Group, Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51
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