Quantum Real Estate Advisors, Inc Acquires Office Property In Libertyville For $3.4M
712 S. Milwaukee Avenue
$3,400,000
$350/SF
Building Size
9,700 SF
Asset Type
Office
Closing
Dec 20, 2020
AI
The office property located at 712 S. Milwaukee Avenue in Libertyville was recently sold for $3,400,000. The transaction took place on December 21, 2020. The property spans 9,700 square feet, resulting in a price per square foot of $351. The sale was facilitated by Jason Lenhoff of Quantum Real Estate Advisors, Inc.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,400,000
- Address: 712 S. Milwaukee Avenue
- Market: Libertyville
- Broker: Jason Lenhoff - Quantum Real Estate Advisors, Inc
Jason Lenhoff from Quantum Real Estate Advisors, Inc played a crucial role as the broker in this deal. Their expertise and negotiation skills contributed to the successful completion of the transaction.
Players
Libertyville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93