Horvath & Tremblay Represents Buyer In $1.65M Retail Property Sale In Villa Park, IL
1638 Ardmore Avenue
$1,650,000
$149/SF
Building Size
11,050 SF
Asset Type
Retail
Closing
Sep 8, 2022
About this deal
AI
A retail property located at 1638 Ardmore Ave in Villa Park, IL has been sold for a price of $1,650,000. The property has a total square footage of 11,050, resulting in a price per square foot of $149.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,650,000
- Square Footage: 11,050
- Price per Square Foot: $149
- Address: 1638 Ardmore Ave, Villa Park, IL
- Market: Villa Park, IL
The buyer's representative in this transaction was Mark Heidecke from Horvath & Tremblay, while Pradeep Shukla from RE/MAX Renaissance represented the seller.
Players
Villa 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93