Coldwell Banker Acquires Retail Property In Winnetka For $6.76M
SOLD
$6,760,000
Illinois
See Similar Deals17,000 SF
Sold 08/12/2022
SOLD
Coldwell Banker Acquires Retail Property In Winnetka For $6.76M
720 Ardsley Road
See Similar Deals17,000 SF
Sold 08/12/2022
Summary
ILLINOIS
Price Per Square Foot:$397
Total Square Footage:17,000 SF
Transaction Type:Sale
The asset involved in the transaction is a retail property located at 720 Ardsley Rd in Winnetka. The transaction was completed for a sale price of $6,760,000, encompassing a total square footage of 17,000, which results in a price per square foot of $398.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,760,000
- Address: 720 Ardsley Rd
- Market: Winnetka
- Square Footage: 17,000
- Price per Square Foot: $398
The buyer's representative for this transaction was Katie Moor from Coldwell Banker, while the seller was represented by Sarah Elder Lyons from Compass Real Estate Winnetka.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$360,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,016.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,045.85
Annual Debt Service$384,550.19
Is there something missing? Send suggestions