Retail Property At 1742-1768 North Milwaukee Avenue In Libertyville Sold For $2.9M
North Milwaukee Avenue
$2,900,000
$145/SF
Building Size
19,945 SF
Asset Type
Retail
Closing
Oct 5, 2020
AI
Located at 1742-1768 North Milwaukee Avenue in Libertyville, this retail property was recently sold in a closed transaction. The property spans a total of 19,945 square feet, with a price per square foot of $145. The deal was facilitated by Jason Lenhoff of Quantum Real Estate Advisors, who represented the buyer and seller.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,900,000
This transaction was completed on 10/05/2020. Jason Lenhoff, from Quantum Real Estate Advisors, played a crucial role in representing both parties involved in the deal.
Players
Chicago 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93