Horvath & Tremblay Represents Buyer In $3M Oak Lawn Retail Sale
10301 South Central Avenue, Oak Lawn, IL, USA
$3,000,000
$113/SF
Building Size
26,331 SF
Asset Type
Retail
Closing
Aug 24, 2020
AI
A retail property located at 10301-10345 Central Ave in Oak Lawn, Il has been sold for $3,000,000. The property spans 26,331 square feet, resulting in a price per square foot of $114.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 10301-10345 Central Ave, Oak Lawn, Il
- Market: Oak Lawn, Il
- Buyer's Representative: Mark Heidecke - Horvath & Tremblay
- Seller's Representative: Dominick Cannata - Brookline Real Estate
Mark Heidecke from Horvath & Tremblay represented the buyer in this transaction, while Dominick Cannata from Brookline Real Estate represented the seller.
Players
Oak Lawn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93