Colliers Brokers $4.95M Sale Of Skokie Office Building On Woods Dr
9855 Woods Drive, Skokie, Illinois 60077, United States
$4,950,000
$46/SF
Building Size
107,480 SF
Asset Type
Office
Closing
Feb 28, 2022
AI
Located in Skokie, the office property at 9855 Woods Dr has recently been sold. The transaction took place on 03/01/2022, with a sale price of $4,950,000. The property spans a total area of 107,480 square feet, resulting in a price per square foot of $46.
Summary of transaction details
- Property Type: Office
- Sale Price: $4,950,000
- Square Footage: 107,480
- Price per Square Foot: $46
- Address: 9855 Woods Dr, Skokie
- Market: Skokie
Representing the buyer in this transaction was MJ Weinberger from Strauss Realty. On the other side, Brendan Green and Anne Dempsey from Colliers acted as the seller's representatives.
Players
Skokie Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93