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SVN Chicago closes sale of 11-unit mixed-use building in Pilsen

May 8, 2024
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Photo courtesy of SVN Chicago Commercial.

Paul Cawthon and Angelo Labriola of SVN Chicago Commercial sold 1800 S. Carpenter St., an 11-unit, mixed-use building in Chicago’s Pilsen neighborhood.

The Cawthon|Labriola Group represented both sides of the parties involved in the transaction.

The out-of-state, non-continental buyer was able to secure funds through a Freddie Mac SBL with just over a 7% CAP rate. The asset transacted for $3.405 million.

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