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3914-3920 W. Irving Park Rd

Updated May 12, 2025

Brewster Hague - Greenstone Partners Sells Irving Park Office Building For $2.05M
SOLD

Brewster Hague - Greenstone Partners Sells Irving Park Office Building For $2.05M

3914-3920 W. Irving Park Rd

$2,050,000

Building Size

Asset Type

Closing

Sep 8, 2022

About this deal

AI

The property asset involved in the transaction is an office located at 3914-3920 W. Irving Park Rd in the Irving Park market of Chicago. The sale price for this asset was $2,050,000, with a total square footage of 17,260, resulting in a price per square foot of $119.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $2,050,000
  • Address: 3914-3920 W. Irving Park Rd
  • Market: Irving Park, Chicago
  • Square Footage: 17,260
  • Price Per Square Foot: $119

Brewster Hague from Greenstone Partners represented the seller in this transaction, playing a crucial role in the deal's facilitation. The involvement of this brokerage reflects the professional network surrounding the property marketplace in the area.

Players

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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