Brewster Hague Of Greenstone Partners Brokers $1.5M Sale Of Retail Property In Wicker Park/ Bucktown, Chicago
1634 West North Avenue, Chicago, Illinois 60622, United States
$1,500,000
$394/SF
Building Size
3,800 SF
Asset Type
Retail
Closing
Jun 9, 2022
About this deal
AI
The retail property located at 1634 W North Ave in Wicker Park/ Bucktown, Chicago has been sold for $1,500,000. The property spans 3,800 square feet with a price per square foot of $395. The transaction took place on June 10, 2022. The deal was facilitated by Brewster Hague of Greenstone Partners.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,500,000
- Square Feet: 3,800
- Price Per Square Foot: $395
- Address: 1634 W North Ave, Wicker Park/ Bucktown, Chicago
- Market: Wicker Park/ Bucktown, Chicago
Brewster Hague from Greenstone Partners represented the parties involved in the sale of the retail property.
Chicago Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93