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3570 North Elston Avenue

William Huffman Of Nuveen Real Estate Acquires Elston Plaza In Chicago For $27M
SOLDRetail

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

William Huffman

Nuveen

Buyer

$2B

vol

24 deals

Buyer

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