Matt Feo And Rick Ofman Of Essex Realty Group Represent Buyer In $20M Sale Of Mixed-use Property In Chicago
5154 North Clark Street
$20,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Sep 25, 2026
About this deal
AI
A mixed-use property located at 5154 North Clark Street in Chicago has been successfully sold. The transaction was completed with a sale price of $20,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $20,000,000
- Buyer's Representative: Matt Feo & Rick Ofman - Essex Realty Group
- Seller's Representative: Brian Karmowski - Essex Realty Group
The deal involved key individuals from Essex Realty Group, with Matt Feo and Rick Ofman representing the buyer while Brian Karmowski represented the seller, showcasing a cohesive effort from the same agency in this transaction.
On the Map
$20,000,000
Mixed-use
View full map
Players
Chicago Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse Chicago mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93