Horvath & Tremblay Represents Buyer In $910k Mixed-Use Property Sale In Arlington Heights, IL
3-7 West Davis Street
$910,000
$286/SF
Building Size
3,180 SF
Asset Type
Mixed-use
Closing
Sep 21, 2023
About this deal
AI
A mixed-use property located at 3-7 West Davis Street in Arlington Heights, IL has been sold for $910,000. The property spans 3,180 square feet, resulting in a price per square foot of $286.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $910,000
- Square Footage: 3,180
- Price per Square Foot: $286
- Address: 3-7 West Davis Street, Arlington Heights, IL
- Market: Arlington Heights, IL
The buyer's representative in this transaction was Mark Heidecke from Horvath & Tremblay.
The mixed use sale at 3-7 West Davis Street in Illinois sold for $910K in 2023. The building is 3,180 square feet, implying about 286 per square foot on the published price. Mark Heidecke, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Illinois file for the 3-7 West Davis Street mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Illinois sit in the Market section below. Filter that local mixed use set by closing date to see what else sold near 3-7 West Davis Street around 2023. Published consideration for 3-7 West Davis Street is $910K, dated 2023. Cite this Horvath & Tremblay Represents Buyer In $910k Mixed-Use Property Sale In Arlington Heights, IL sale when underwriting similar mixed use product around Illinois.
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.43%
Cash-on-Cash
-4.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93