William Huffman Of Nuveen Real Estate Acquires Elston Plaza In Chicago For $27M
3570 North Elston Avenue
$27,000,000
Building Size
—
Asset Type
Retail
Closing
Apr 3, 2026
AI
The asset involved in this transaction is a retail property located at 3500-3570 North Elston Avenue in Chicago. It was purchased for a price of $27,000,000. The property is anchored by a Jewel-Osco, contributing to its value in the market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $27,000,000
- Buyer: William Huffman
- Buyer’s Company: Nuveen Real Estate
- Market: Chicago
- Address: 3500-3570 North Elston Avenue
This transaction was represented by William Huffman from Nuveen Real Estate, who acted as the buyer in the acquisition of the Jewel-Osco-anchored Elston Plaza in the Avondale neighborhood of Chicago.
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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93