Horvath & Tremblay Facilitates $700K Retail Sale In Wheaton, IL
1801 East Roosevelt Road, Wheaton, Illinois, USA
$700,000
$194/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Aug 12, 2021
About this deal
AI
An retail property located at 1801 E Roosevelt Road in Wheaton, IL has been sold for $700,000. The property spans 3,600 square feet, resulting in a price per square foot of $194. The transaction took place on 08/13/2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $700,000
- Date: 08/13/2021
- Address: 1801 E Roosevelt Road, Wheaton, IL
- Market: Wheaton, IL
- Asset Type: Retail
The sale of this retail property was facilitated by Mark Butler and Mark Heidecke of Horvath & Tremblay.
Note: The price per square foot for this transaction was $194.44.
Players
Wheaton 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
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93