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Mark Heidecke Of Horvath & Tremblay Represents Buyer In $3M Sale At 10301 Central Ave Oak Lawn

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SOLD
$3,000,000

Illinois

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Retail26,331 SF
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Property Image
SOLD

Mark Heidecke Of Horvath & Tremblay Represents Buyer In $3M Sale At 10301 Central Ave Oak Lawn

10301 Central Ave, Oak Lawn, IL, 60453

See Similar Deals
Retail26,331 SF
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$113
Total Square Footage:26,331 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail center located at 10301 Central Ave, Oak Lawn, IL, 60453. The sale was completed for a total price of $3,000,000.00, encompassing a total square footage of 26,331. The market for this asset is identified as Oak Lawn, a suburb located to the south of Chicago.

Summary of transaction details:

  • Property Type: Retail Center
  • Transaction Amount: $3,000,000.00
  • Square Footage: 26,331
  • Address: 10301 Central Ave, Oak Lawn, IL, 60453
  • Buyer's Representative: Mark Heidecke - Horvath & Tremblay
  • Seller's Representative: Dominick Cannata
  • Buyer: Unknown
  • Seller: Unknown

The transaction included prominent anchor tenants such as Family Dollar and Dunkin’. Dominick Cannata of Brookline represented the Florida-based seller while Mark Heidecke of Horvath & Tremblay represented the Texas-based buyer. Brookline Real Estate previously served as the leasing agent and property manager prior to the sale. The new owner will retain Brookline as the property manager moving forward.

Players

Mark Heidecke
40 deals$104.6M volume(312) 637-6582
BROKER

Dominick Cannata
Brookline Real Estate & Investments
6 deals$30.7M volume(630) 590-5910
BROKER

Details

SOLD
IMAGE: 10301 Central Ave, Oak Lawn, IL, 60453 MARKET: Oak Lawn BUYER'S REP: Mark Heidecke -Horvath & Tremblay SELLER'S REP: Dominick Cannata BUYER: Unknown SELLER: Unknown PRICE: $3,000,000.00 SF: 26331

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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