JLL Sells Schaumburg Retail Property For $5.1M On W. Irving Park Road
1855 West Irving Park Road, Schaumburg, IL, USA
$5,100,000
$386/SF
Building Size
13,180 SF
Asset Type
Retail
Closing
Nov 24, 2020
About this deal
AI
The retail property located at 1855 W. Irving Park Road in Schaumburg recently sold for $5,100,000. The transaction took place on November 25, 2020. The property spans 13,180 square feet, resulting in a price per square foot of $387.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,100,000
- Address: 1855 W. Irving Park Road
- Market: Schaumburg
The sale of this retail property was facilitated by the brokers Alex Sharrin and Alex Geanakos from JLL.
The retail sale at 1855 West Irving Park Road, Schaumburg, IL, USA in Schaumburg, Illinois sold for $5.1M in 2020. The building is 13,180 square feet, implying about 386 per square foot on the published price. Alex Sharrin, Alex Geanakos, JLL appear on the sale alongside JLL. This page is the Schaumburg, Illinois file for the 1855 West Irving Park Road, Schaumburg, IL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Schaumburg sit in the Market section below. Filter that Schaumburg retail set by closing date to see what else sold near 1855 West Irving Park Road, Schaumburg, IL, USA around 2020. Published consideration for 1855 West Irving Park Road, Schaumburg, IL, USA is $5.1M, dated 2020. Cite this JLL Sells Schaumburg Retail Property For $5.1M On W. Irving Park Road sale when underwriting similar retail product around Schaumburg, Illinois.
Schaumburg 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93