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
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.
Schaumburg 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93