The Boulder Group Represents Seller In $2.63M Sale Of Retail Property In Chicago
2935 West Peterson Avenue
$2,631,589
$1,218/SF
Building Size
2,160 SF
Asset Type
Retail
Closing
Oct 8, 2025
AI
The property asset involved in the transaction is a single-tenant Chipotle located at 2935 West Peterson Avenue in Chicago, with a sale price of $2,631,589. The property encompasses 2,160 square feet, yielding a price per square foot of $1,218. It features a 20-year lease and is situated in an affluent North Side neighborhood known for strong retail synergy and heavy traffic exposure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,631,589
- Address: 2935 West Peterson Avenue
- Market: Chicago
- Square Footage: 2,160
- Price per Square Foot: $1,218
- Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group
The Boulder Group arranged the sale, representing the Midwest-based seller and a Southwest investment fund buyer, facilitating the transaction in a competitive market environment.
Players
Chicago Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.03%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93