Michael Levy Of Crow Holdings Capital Acquires The Overlook At Oak Brook From John McCallion For $44M
1715 West 22nd Street
$44,000,000
$814/SF
Building Size
54,000 SF
Asset Type
Retail
Closing
Feb 23, 2026
About this deal
AI
The Overlook at Oak Brook, located at 1715-1775 West 22nd Street in Oak Brook, is a retail asset with a sale price of $44,000,000. The property encompasses 54,000 square feet and has a price per square foot of $815. It is nearly fully leased to national tenants and carries an eight-year weighted average lease term.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $44,000,000
- Buyer: Michael Levy - Crow Holdings Capital
- Seller: John McCallion - MetLife Investment Management
- Brokers: Alex Sharrin, Mohsin Mirza, Danny Kaufman, Michael Nieder, Brian Page & Danny Finkle - JLL
- Square Footage: 54,000
- Price Per Square Foot: $815
The acquisition was supported by investor confidence despite recent tenant bankruptcy restructuring, as the property reportedly appreciated about 7% since 2023. The transaction was executed as an all-cash deal, demonstrating the buyer's firm financial position in the market.
On the Map
$44,000,000
$814/SF
Retail
View full map
Players
Oak Brook Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Danny Kaufman to view all their deals.
Browse Oak Brook retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93