Brewster Hague's Greenstone Partners Sells Irving Park Office In Chicago For $2.05M
3914 West Irving Park Road, Chicago, Illinois 60618, United States
$2,050,000
$118/SF
Building Size
17,260 SF
Asset Type
Office
Closing
Sep 7, 2022
About this deal
AI
The office property located at 3914-3920 W. Irving Park Rd in the Irving Park neighborhood of Chicago has been sold. The transaction was facilitated by Brewster Hague of Greenstone Partners.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,050,000
- Address: 3914-3920 W. Irving Park Rd
- Market: Irving Park, Chicago
- Square Footage: 17,260 SF
- Price Per Square Foot: $119 PPSF
- Date: September 8, 2022
The sale price for the property was $2,050,000, with a total square footage of 17,260 SF and a price per square foot of $119. Brewster Hague, representing Greenstone Partners, played a key role in facilitating the transaction.
Chicago Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93