Mark Heidecke & Sean Sullivan Of Horvath & Tremblay Represent Seller In $7.9M Mixed-Use Sale In Hinsdale
SOLD
Illinois
See Similar DealsMixed-use19,110 SF
Sold 09/26/2025
SOLD
Mark Heidecke & Sean Sullivan Of Horvath & Tremblay Represent Seller In $7.9M Mixed-Use Sale In Hinsdale
35 East 1st Street
See Similar DealsMixed-use19,110 SF
Sold 09/26/2025
Summary
ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$413
Total Square Footage:19,110 SF
Transaction Type:Sale
A mixed-use property located at 35 East 1st Street in Hinsdale was involved in a sale transaction. The asset comprises a total square footage of 19,110, and the transaction occurred at a price of $7,900,000, reflecting a price per square foot of $413.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,900,000
- Address: 35 East 1st Street
- Market: Hinsdale
- Square Footage: 19,110
- Price per Square Foot: $413
- Seller's Representative: Mark Heidecke & Sean Sullivan - Horvath & Tremblay
The individuals involved in this transaction include Mark Heidecke and Sean Sullivan, who acted as representatives for the seller. They are affiliated with the agency Horvath & Tremblay, which facilitated the sale process for this property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$421,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,067.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,450.03
Annual Debt Service$449,400.36
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