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1035 S York St, Elmhurst, I...

Brookline Real Estate & Investments Acquires Retail Property In Elmhurst, Il For $1.15M
SOLDRetail

Brookline Real Estate & Investments Acquires Retail Property In Elmhurst, Il For $1.15M

1035 S York St, Elmhurst, Illinois, USA

$1,150,000

$179/SF

Building Size

6,400 SF

Asset Type

Retail

Closing

Sep 30, 2021

AI

Located at 1035 S York St in Elmhurst, IL, this retail property was recently sold for $1,150,000. Spanning 6,400 square feet, the property was acquired by an undisclosed buyer. The sale price translates to approximately $180 per square foot, indicating a solid investment in the Elmhurst market.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,150,000
  • Address: 1035 S York St, Elmhurst, IL
  • Market: Elmhurst, IL
  • Square Footage: 6,400

Dominick Cannata of Brookline Real Estate & Investments represented the buyer in this transaction, while Mark Heidecke of Horvath & Tremblay served as the seller's representative. Both brokers played crucial roles in facilitating the deal, ensuring a successful outcome for all parties involved.

Players

Mark Heidecke

Horvath & Tremblay

Broker

$104.6M

vol

40 deals

Broker

Elmhurst 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93