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15 East Dundee Road

Updated Dec 4, 2024

Mark Heidecke & Corbin Schwartz Of Horvath & Tremblay Facilitate $525K Arlington Heights Retail Sale
SOLDRetail

Mark Heidecke & Corbin Schwartz Of Horvath & Tremblay Facilitate $525K Arlington Heights Retail Sale

15 East Dundee Road

$525,000

$247/SF

Building Size

2,124 SF

Asset Type

Retail

Closing

Mar 22, 2024

About this deal

AI

Located at 15 W Dundee Rd in Arlington Heights, IL, this retail property spans 2,124 square feet and was recently sold for $525,000, reflecting a price per square foot of $247.

Summary of transation details:

The buyers were represented by Mark Heidecke and Corbin Schwartz from Horvath & Tremblay in this transaction.

The retail sale at 15 East Dundee Road in Arlington Heights, Illinois sold for $525K in 2024. The building is 2,124 square feet, implying about 247 per square foot on the published price. Mark Heidecke, Corbin Schwartz, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Arlington Heights, Illinois file for the 15 East Dundee Road retail sold: pricing, party profiles, and other closed retail comps from the same Arlington Heights sit in the Market section below. Filter that Arlington Heights retail set by closing date to see what else sold near 15 East Dundee Road around 2024. Published consideration for 15 East Dundee Road is $525K, dated 2024. Cite this Mark Heidecke & Corbin Schwartz Of Horvath & Tremblay Facilitate $525K Arlington Heights Retail Sale sale when underwriting similar retail product around Arlington Heights, Illinois.

Players

Mark Heidecke

Horvath & Tremblay

Broker

$104.6M

vol

40 deals

Broker

Arlington Heights Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $247 per square foot on a published $525K for 2,124 square feet (2024).

Visit Mark Heidecke to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

30.22%

Cash-on-Cash

-8.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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