Mixed-Use Property In Woodridge Sold For $9.5M By Marcus & Millichap
6440 Main Street, Woodridge, Illinois 60517, United States
$9,500,000
$193/SF
Building Size
49,115 SF
Asset Type
Mixed-use
Closing
Mar 10, 2023
AI
Located at 6440 Main Street in Woodridge, this recently closed property transaction involved a mixed-use asset. The sale took place on March 10, 2023, with Marcus & Millichap representing the sellers. The property spans 49,115 square feet, and it was sold for a total price of $9,500,000, resulting in a price per square foot of $193.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $9,500,000
- Address: 6440 Main Street
- Market: Woodridge
- BROKERS: Steven Weinstock, Alex Perez & Chris Garavaglia - Marcus & Millichap
- SF: 49,115
- PPSF: $193
Leading the deal were brokers Steven Weinstock, Alex Perez, and Chris Garavaglia, all from Marcus & Millichap. Their efforts and representation played a crucial role in the successful completion of this transaction.
Woodridge Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93