Gabe Horstick Acquires Mixed-use Property From Bobby Long In Chicago For $1.085M
2128 North Damen Avenue
$1,085,000
$452/SF
Building Size
2,400 SF
Asset Type
Mixed-use
Closing
Jan 6, 2026
About this deal
AI
A mixed-use property located at 2128 North Damen Avenue in Chicago has been sold for $1,085,000. The asset spans 2,400 square feet, translating to a price per square foot of $452.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $1,085,000
- Sale Date: 01/07/2026
- Buyer: Gabe Horstick
- Seller: Bobby Long
- Broker: Adam Saffro - New Era Chicago, LLC
Adam Saffro of New Era Chicago, LLC represents the broker in this transaction, facilitating the sale between the buyer Gabe Horstick and seller Bobby Long.
On the Map
$1,085,000
$452/SF
Mixed-use
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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
14.62%
Cash-on-Cash
-4.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93