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2073 North Clybourn Avenue

David Lukes Of Curbline Properties Acquires Clybourn Center Retail Strip In Chicago For $18M
SOLDRetail

David Lukes Of Curbline Properties Acquires Clybourn Center Retail Strip In Chicago For $18M

2073 North Clybourn Avenue

$18,000,000

$543/SF

Building Size

33,140 SF

Asset Type

Retail

Closing

Jul 2, 2026

AI

The property asset involved in this transaction is a retail strip center located at 2029-2073 North Clybourn Avenue in Chicago, IL. The sale price for the asset was $18 million. It encompasses a total square footage of 33,140 and has a price per square foot of $543. At the time of closing, the property was 91.2% leased.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $18,000,000
  • Address: 2029-2073 North Clybourn Avenue
  • Market: Chicago, IL
  • Square Footage: 33,140
  • Price per Square Foot: $543
  • Buyer: David Lukes - Curbline Properties
  • Seller's Representatives: Michael Nieder & Brian Page - JLL

Key individuals involved in the transaction include David Lukes, representing the buyer, Curbline Properties. The seller was represented by brokers Michael Nieder and Brian Page from JLL, who facilitated the deal.

Players

Michael Nieder

JLL

Broker

$419.6M

vol

17 deals

Broker
David Lukes

David Lukes

Curbline Properties Corp

Buyer

$1.6B

vol

28 deals

Buyer

Avon 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

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93