Private Real Estate Investor Acquires Property At 1480 Orchard Rd Aurora For $5.2M
SOLD
$5,200,000
Illinois
See Similar DealsRetail11,810 SF
SOLD
Private Real Estate Investor Acquires Property At 1480 Orchard Rd Aurora For $5.2M
1480 Orchard Rd, Aurora, IL, 60506
See Similar DealsRetail11,810 SF
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$440
Total Square Footage:11,810 SF
Transaction Type:Sale
A multi-tenant retail building located at 1480 Orchard Rd, Aurora, IL, was sold for $5,200,000. The asset encompasses a total area of 11,810 square feet. The property is part of the Aurora market, which features notable tenants such as Starbucks, Chipotle, and Jimmy John’s.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000.00
- Address: 1480 Orchard Rd, Aurora, IL, 60506
- Square Footage: 11,810
- Market: Aurora
- Buyer’s Representative: George Spirrison
- Buyer: Private Real Estate Investor
- Seller: Not disclosed
Simeon Spirrison and George Spirrison of Adelphia Properties represented the buyer, who is a Midwest-based private real estate investor. The seller's identity has not been disclosed in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$277,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83
Is there something missing? Send suggestions