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
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.
Players
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93