facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Retail

/

Sale

/

North Milwaukee Avenue

Retail Property At 1742-1768 North Milwaukee Avenue In Libertyville Sold For $2.9M
SOLDRetail

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

Jason Lenhoff

Broker

$37.8M

vol

9 deals

Broker

Chicago Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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