Horvath & Tremblay Brokers $3.375M Retail Sale In Villa Park At 1011 W North Ave
1011 W North Ave
$3,375,000
$194/SF
Building Size
17,330 SF
Asset Type
Retail
Closing
Feb 23, 2023
About this deal
AI
The retail property located at 1011 W North Ave in Villa Park has been sold for $3,375,000. The transaction took place on 02/23/2023, and the property spans a total area of 17,330 square feet, resulting in a price per square foot of $195.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,375,000
- Address: 1011 W North Ave, Villa Park
- Market: Villa Park
- Square Footage: 17,330
- Price per Square Foot: $195
The sale of this retail property was facilitated by Mark Heidecke from Horvath & Tremblay, who represented the buyer.
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.70%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93