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3159 North Clybourn Avenue,...

Updated Oct 29, 2024

GW Property Group Sells Retail Property In Chicago For $5.9M With Brokers Alex Sharrin, Alex Geanakos & Truman Tiernan - JLL
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GW Property Group Sells Retail Property In Chicago For $5.9M With Brokers Alex Sharrin, Alex Geanakos & Truman Tiernan - JLL

3159 North Clybourn Avenue, Chicago, IL 60618, USA

$5,900,000

$1,966/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Sep 29, 2020

About this deal

AI

A retail property located at 3159 North Clybourn Avenue in Chicago has been sold for $5,900,000. The property spans 3,000 square feet, resulting in a price per square foot of $1,966. The transaction took place on September 30, 2020. The seller of the property was GW Property Group.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $5,900,000
  • Address: 3159 North Clybourn Avenue
  • Market: Chicago
  • Size: 3,000 square feet
  • Price per Square Foot: $1,966

The sale of this retail property was facilitated by Alex Sharrin, Alex Geanakos, and Truman Tiernan, who represent JLL. They acted as brokers in the deal.

On the Map

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$5,900,000

$1,966/SF

Retail

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Players

Alex Geanakos

JLL

Broker

$148.3M

vol

13 deals

Broker
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Property GroupSeller
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Chicago Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $2K per square foot on a published $5.9M for 3,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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