facebook
Traded Co logo
Submit

Douglas Byung Cho Acquires Retail Property In Pilsen, Chicago For $2M

Property Image
SOLD
$2,000,000
Geraldine Healy
Paul Cawthon
Angelo Labriola

Illinois

See Similar Deals
Retail9,500 SF
Sold 09/28/2022
the dealplayerscompscontact
Property Image
SOLD

Douglas Byung Cho Acquires Retail Property In Pilsen, Chicago For $2M

1713 West 18th Street, Chicago, Illinois 60608, United States

See Similar Deals
Retail9,500 SF
Sold 09/28/2022
Geraldine Healy
Paul Cawthon
Angelo Labriola
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$210
Total Square Footage:9,500 SF
Transaction Type:Sale

A retail property located at 1713 W 18th Street in the Pilsen neighborhood of Chicago has been sold. The property, spanning 9,500 square feet, was listed for an asking price of $2,300,000. The sale was finalized on September 28, 2022, with a final sale price of $2,000,000, resulting in a price per square foot of $211.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Address: 1713 W 18th Street
  • Market: Pilsen, Chicago
  • Square Footage: 9,500
  • Seller's Representative: Paul Cawthon & Angelo Labriola - SVN Chicago
  • Buyer: Douglas Byung Cho
  • Buyer's Representative: Geraldine Healy - Colliers

Geraldine Healy from Colliers represented the buyer, Douglas Byung Cho, in this transaction. The seller's representatives were Paul Cawthon and Angelo Labriola from SVN Chicago.

Players

Paul Cawthon
SVN
Paul Cawthon
12 deals$28.5M volume
BROKER
Angelo Labriola
SVN
Angelo Labriola
11 deals$26.6M volume(312) 676-1870
BROKER
Geraldine Healy
Colliers
Geraldine Healy
1 deal$2M volume
BROKER

Details

SOLD
IMAGE: Angelo Labriola & Paul Cawthon DATE: 09/28/2022 ADDRESS: 1713 W 18th Street MARKET: Pilsen, Chicago ASSET TYPE: Retail BUYER: Douglas Byung Cho BUYER'S REP: Geraldine Healy - Colliers (@ColliersInternational) SELLER'S REP: Paul Cawthon & Angelo Labriola - (@CawthonLabriolaGroup) - SVN Chicago (@SVN_Chicago) ASKING PRICE: $2,300,000 SALE PRICE: $2,000,000 SF: 9,500 ~ PPSF: $211

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24