Greenstone Partners Brokers Sale Of Fully Leased Retail Property In Chicago For $1.265M
3951 North Kimball Avenue
$1,265,000
$267/SF
Building Size
4,738 SF
Asset Type
Retail
Closing
Jun 25, 2025
About this deal
AI
The transaction involved a fully leased retail property located at 3951 North Kimball Avenue in Chicago. The asset spans 4,738 square feet and was sold for $1,265,000, which equates to a price per square foot of $267.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,265,000
- Square Footage: 4,738
- Price per Square Foot: $267
- Address: 3951 North Kimball Avenue
- Market: Chicago
- Tenants: Jet’s Pizza, CM Chicken, One Stop Shop
- Lease Type: NNN leases
- Years Remaining on Leases: Multiple
Malek Abdulsamad of Greenstone Partners represented the seller in this transaction. Greenstone Partners facilitated the sale of the property, which is located in the Irving Park area.
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
12.54%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93