Retail Property In Chicago Sold For $1.32M By Marcus & Millichap
2219 North Clybourn Avenue, Chicago, IL, USA
$1,325,000
$239/SF
Building Size
5,524 SF
Asset Type
Retail
Closing
Dec 7, 2020
About this deal
AI
The retail property located at 2219-2221 N. Clybourn Avenue in Chicago has been sold for $1,325,000. The transaction took place on 12/08/2020. The property spans 5,524 square feet, resulting in a price per square foot of $240.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,325,000
- Square Footage: 5,524
- Price per Square Foot: $240
- Market: Chicago
Mitchell Kiven from Marcus & Millichap represented the seller in this transaction. The property image was captured by Mitchell Kiven.
The retail sale at 2219 North Clybourn Avenue, Chicago, IL, USA in Chicago, Illinois sold for $1.3M in 2020. The building is 5,524 square feet, implying about 239 per square foot on the published price. Mitchell Kiven, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Chicago, Illinois file for the 2219 North Clybourn Avenue, Chicago, IL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Chicago sit in the Market section below. Filter that Chicago retail set by closing date to see what else sold near 2219 North Clybourn Avenue, Chicago, IL, USA around 2020. Published consideration for 2219 North Clybourn Avenue, Chicago, IL, USA is $1.3M, dated 2020. Cite this Retail Property In Chicago Sold For $1.32M By Marcus & Millichap sale when underwriting similar retail product around Chicago, Illinois.
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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93