Orland Park Retail Property Sold For $6.8M With Brokers Randy Blankstein & Jimmy Goodman
14680 South La Grange Road, Orland Park, IL, USA
$6,800,000
$449/SF
Building Size
15,120 SF
Asset Type
Retail
Closing
Oct 5, 2020
About this deal
AI
Located in Orland Park, the property at 14680 South La Grange Road has recently been sold in a closed transaction. The retail asset spans over 15,120 square feet and was sold for a total price of $6,800,000. The price per square foot for this sale amounts to $450. The deal was facilitated by brokers Randy Blankstein and Jimmy Goodman of The Boulder Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,800,000
- Size: 15,120 square feet
- Price Per Square Foot: $450
- Address: 14680 South La Grange Road, Orland Park
- Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group
Randy Blankstein and Jimmy Goodman from The Boulder Group played a significant role in representing the buyer and seller in the transaction. The successful deal showcases their expertise and ability to negotiate favorable terms for their clients in the Orland Park market.
Players
Orland Park 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93