Mark Heidecke Of Horvath & Tremblay Represents Buyer In $1.22M Retail Sale In Glendale Heights, IL
SOLD
$1,220,000
Illinois
See Similar DealsRetail9,150 SF
Sold 09/22/2022
SOLD
Mark Heidecke Of Horvath & Tremblay Represents Buyer In $1.22M Retail Sale In Glendale Heights, IL
1120 Main Street, Glendale
See Similar DealsRetail9,150 SF
Sold 09/22/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$133
Total Square Footage:9,150 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,334.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,783.42
Annual Debt Service$69,401.07
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