$12,765,000
8.2% cap · 36,600 sq ft RBA · Class C
681 N Clark St
Chicago, IL 60622
8310 W Fullerton Ave
Wicker Park · Chicago, IL 60622
$273/sq ft107 days on market2.7K views105 saves
Very Walkable
Excellent Transit
Very Bikeable
Investors have been asking for Wicker Park product at this basis for two years. LEED Gold Certified and roof deck amenity make the space genuinely functional rather than merely leasable. Seller will consider a structured sale-leaseback.
Cap rate
8.10%
Net operating income ÷ price
Net operating income
$1,027,080
Annual, after operating expenses
Cash-on-cash
+7.7%
$291,176 annual cash flow on $3,804,000 equity
31,068 sq ft leased of 46,370 sq ft
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $735,904 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Every listing event recorded for this property.
| Date | Event | Price |
|---|---|---|
| 2015-12-20 | Sold | $7,926,000 |
| 2026-04-09 | Listed | $12,680,000 |
Wicker Park, Chicago — Cook County
Approximate location · Wicker Park
Open full mapEstimated monthly
$88,071/mo
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
Loan amount $10,144,000 · 30 yr · 6.40%