Quantum Real Estate Advisors Inc. Brokers Sell Orland Park Retail Property For $1.4M
15765 S Harlem Ave, Orland Park, IL, USA
$1,400,000
$603/SF
Building Size
2,321 SF
Asset Type
Retail
Closing
Feb 22, 2021
AI
The retail property located at 15765 S. Harlem Ave. in Orland Park has been sold for $1,400,000. The transaction took place on February 23, 2021. Zack Hilgendorf and Dan Waszak from Quantum Real Estate Advisors Inc. represented the parties involved in the deal. The property is situated in the Orland Park market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,400,000
- Address: 15765 S. Harlem Ave.
- Market: Orland Park
Zack Hilgendorf and Dan Waszak, both from Quantum Real Estate Advisors Inc., served as the brokers in this transaction.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93