Horvath & Tremblay Represents Buyer In $1.25M West Chicago Retail Sale
191 North Ave West Chicago, IL 60185, USA
$1,250,000
$102/SF
Building Size
12,202 SF
Asset Type
Retail
Closing
Jun 15, 2023
About this deal
AI
Located at 191 North Avenue in West Chicago, this retail property was recently sold for $1,250,000. The property spans across 12,202 square feet, resulting in a price per square foot of $102.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,250,000
- Square Footage: 12,202
- Price Per Square Foot: $102
- Market: West Chicago
- Buyer's Representative: Mark Heidecke - Horvath & Tremblay
Representing the buyer in this transaction is Mark Heidecke from Horvath & Tremblay. The sale of this retail property marks a significant investment opportunity in the West Chicago market.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93