The Boulder Group Brokers $4.2M Retail Sale In Orland Park, IL
15645 South La Grange Road, Orland Park, Illinois 60462, United States
$4,200,000
$350/SF
Building Size
12,000 SF
Asset Type
Retail
Closing
Jan 24, 2022
About this deal
AI
The retail property located at 15645 S. LaGrange Road in Orland Park, IL has been sold for a price of $4,200,000. The property spans across 12,000 square feet, translating to a price per square foot of $350. The transaction took place on January 25, 2022, and was facilitated by brokers Randy Blankstein and Jimmy Goodman from The Boulder Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,200,000
- Address: 15645 S. LaGrange Road, Orland Park, IL
- Market: Orland Park, IL
- Asset Type: Retail
- Square Footage: 12,000
- Price per Square Foot: $350
The sale of this retail property showcases the expertise of Randy Blankstein and Jimmy Goodman from The Boulder Group. These brokers successfully represented the parties involved in the transaction, contributing to its successful completion.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93