Domain Realty Acquires Mixed Use Property On W. Diversey Parkway In Chicago For $3.75M
916 West Diversey Parkway, Chicago, IL, USA
$3,751,000
$600/SF
Building Size
6,252 SF
Asset Type
Mixed-use
Closing
Jan 13, 2021
About this deal
AI
The mixed-use property located at 916 W. Diversey Parkway, Chicago was recently sold in a closed transaction. The property, consisting of 6,252 square feet, was sold for a total price of $3,751,000. The price per square foot for this transaction was $600.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $3,751,000
- Address: 916 W. Diversey Parkway, Chicago
- Market: Chicago
The buyer, represented by Silviu Moldovan from Domain Realty, and the seller, represented by Peter Moore from Baird & Warner Gold Coast, were the key individuals involved in this transaction.
Players
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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93