Giannis Antetokounmpo's Ante, Inc. Acquires Mixed-use Asset For $21 Million In Chicago
948 West Sunnyside Avenue
$21,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 31, 2026
AI
The asset involved in this transaction is a mixed-use property located at 948 West Sunnyside Avenue, Chicago. The property was sold for a total of $21,000,000. Giannis Antetokounmpo’s family office acquired the Portrait Apartments situated in the Uptown neighborhood, marking a significant addition to their real estate portfolio.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $21,000,000
- Buyer: Giannis Antetokounmpo
- Buyer's Company: Ante, Inc.
- Address: 948 West Sunnyside Avenue
- Market: Chicago
This acquisition represents Giannis Antetokounmpo's family office's second multifamily purchase in the Uptown area within recent months, indicating a strategic interest in the local real estate market.
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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93