facebook
Traded Co logo
Submit

Monarch Realty Partners Brokers $2.2M Mixed-Use Sale In South Shore, Chicago

Property Image
SOLD
$2,213,680

Illinois

See Similar Deals
Mixed-use32 SF
Sold 10/31/2022
the dealplayerscompscontact
Property Image
SOLD

Monarch Realty Partners Brokers $2.2M Mixed-Use Sale In South Shore, Chicago

7900 S South Shore Dr, Chicago, Illinois 60617, United States

See Similar Deals
Mixed-use32 SF
Sold 10/31/2022
Contact now

Summary

ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$69,177
Total Square Footage:32 SF
Transaction Type:Sale

Located in South Shore, Chicago, IL, the mixed-use property at 7900 S Essex Ave has recently been sold in a closed transaction. The sale was facilitated by Robert Berman and Michael Anguiano of Monarch Realty Partners.

Summary of transaction details:

  • Property Type: Mixed-use
  • Date: 10/31/2022
  • Address: 7900 S Essex Ave, South Shore, Chicago, IL
  • Market: South Shore, Chicago, IL
  • Square Footage: 32,940 SF
  • Sale Price: $2,213,680
  • Price per Square Foot: $67

The deal was concluded on 10/31/2022, with a sale price of $2,213,680. The property spans a total of 32,940 square feet, resulting in a price per square foot of $67. Robert Berman and Michael Anguiano, representing Monarch Realty Partners, played a crucial role as the brokers in this transaction.

Players

Michael Anguiano
11 deals$64.1M volume
BROKER

Robert Berman
Nara Realty Advisors
21 deals$36.8M volume(312) 610-1704
BROKER

Details

SOLD
IMAGE: Robert Berman & Michael Anguiano DATE: 10/31/2022 ADDRESS: 7900 S Essex Ave MARKET: South Shore, Chicago, IL ASSET TYPE: Mixed-use BROKERS: Robert Berman & Michael Anguiano - Monarch Realty Partners SALE PRICE: $2,213,680 SF: 32,940 ~ PPSF: $67

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$118,062.92

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,864.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,493.97
Annual Debt Service$125,927.67