Horvath & Tremblay Sells Retail Property In Evanston For $1.25M
1925 Central St Evanston, IL 60201, USA
$1,250,000
$353/SF
Building Size
3,533 SF
Asset Type
Retail
Closing
May 17, 2023
About this deal
AI
The retail property located at 1925 Central Street in Evanston has been sold for $1,250,000. The transaction took place on 05/17/2023. The property spans 3,533 square feet, resulting in a price per square foot of $354.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,250,000
- Square Footage: 3,533
- Price per Square Foot: $354
- Address: 1925 Central Street, Evanston
- Market: Evanston
The sale was facilitated by Mark Heidecke from Horvath & Tremblay. He represented the buyer and seller in the transaction.
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