Baum Realty Group Acquires Office Property In River Forest For $8.7M
SOLD
$8,700,000
Illinois
See Similar DealsOffice
Sold 06/22/2022
SOLD
Baum Realty Group Acquires Office Property In River Forest For $8.7M
7617 North Avenue, River Forest, Illinois 60305, United States
See Similar DealsOffice
Sold 06/22/2022
Summary
ILLINOIS
Asset Type:Office
Transaction Type:Sale
A $8,700,000 office property located at 7617 North Ave in River Forest was recently sold. The transaction took place on 06/22/2022, and the sale was facilitated by Patrick Forkin from Baum Realty Group LLC.
Summary of transaction details
- Property Type: Office
- Sale Price: $8,700,000
- Address: 7617 North Ave, River Forest
- Market: River Forest
Patrick Forkin from Baum Realty Group LLC represented the buyer/seller/landlord/tenant in this transaction.
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)
$463,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26
Is there something missing? Send suggestions