SOLD
Benny Scianna Acquires Mixed-Use Property In Melrose Park For $1.025M
1620 Division Street
Mixed-use
9,600 SF
9,600 SF
Summary
Sale
ILLINOIS
Mixed-use
9,600 sqft
A mixed-use property located at 1620 Division Street in Melrose Park has been sold for $1,025,000. The property spans 9,600 square feet and has a price per square foot of $107. It consists of 9 units, with each unit priced at $113,888. The sale represents a cap rate of 19.45%.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,025,000
- Square Footage: 9,600
- Price per Square Foot: $107
- Number of Units: 9
- Price per Unit: $113,888
- Cap Rate: 19.45%
The buyer of the property is Benny Scianna, and the seller is Jae Byun. The transaction was facilitated by Christopher Malay of [Agencies].
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Agencies
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Details
SOLD
IMAGE: Christopher Malay
DATE: 01/22/2021
ADDRESS: 1620 Division Street
MARKET: Melrose Park
ASSET TYPE: Mixed-use
BUYER: Benny Scianna
SELLER: Jae Byun
BROKER: Christopher Malay (@cj_malay)
SALE PRICE: $1,025,000
SF: 9,600 ~ PPSF: $107
UNITS: 9 ~ PPU: $113,888
CAP RATE: 19.45%View on map
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Address1620 Division Street
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