Quantum Real Estate Advisors Inc Sells Orland Park Retail Property For $2.4M
16124 South La Grange Road, Orland Park, Illinois 60467, United States
$2,400,000
$138/SF
Building Size
17,342 SF
Asset Type
Retail
Closing
Jul 26, 2022
AI
Located in Orland Park, the retail property at 16124 S. La Grange Road recently transacted in a sale. The deal was facilitated by Chad Firsel of Quantum Real Estate Advisors Inc. The transaction took place on July 27, 2022, with Chad Firsel representing the parties involved.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Square Footage: 17,342
- Price per Square Foot: $138
The property at 16124 S. La Grange Road in Orland Park boasts a total square footage of 17,342. With a sale price of $2,400,000, the property was sold at a price per square foot of $138. Chad Firsel of Quantum Real Estate Advisors Inc played a key role in finalizing the transaction.
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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93