Mark Heidecke Of Horvath & Tremblay Represents Buyer In $1.22M Retail Sale In Glendale Heights, IL
1120 Main Street, Glendale
$1,220,000
$133/SF
Building Size
9,150 SF
Asset Type
Retail
Closing
Sep 22, 2022
AI
The retail property located at 1120 N Main St in Glendale Heights, IL has been sold for a price of $1,220,000. The property spans a total area of 9,150 square feet, resulting in a price per square foot of $133.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $1,220,000
- Square Footage: 9,150
- Price per Square Foot: $133
- Address: 1120 N Main St, Glendale Heights, IL
- Market: Glendale Heights, IL
Mark Heidecke from Horvath & Tremblay represented the buyer in this transaction, while Arjav Patel and Jason St. John from Greenstone Partners represented the seller.
Players
Lombard 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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93