R2 Investment Group Acquires Retail Property In Woodridge, IL For $1.6M
SOLD
$1,610,000
Illinois
See Similar DealsRetail11,200 SF
Sold 07/01/2020
SOLD
R2 Investment Group Acquires Retail Property In Woodridge, IL For $1.6M
2001 75th Street, Woodridge, IL, USA
See Similar DealsRetail11,200 SF
Sold 07/01/2020
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$143
Total Square Footage:11,200 SF
Transaction Type:Sale
The retail property located at 2001 75th St in Woodridge, IL was recently sold in a transaction that closed on 07/01/2021. The property, with a total square footage of 11,200, was sold for a price of $1,610,000, resulting in a price per square foot of $143.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,610,000
- Address: 2001 75th St, Woodridge, IL
- Market: Woodridge, IL
The buyer of the property was R2 Investment Group and the seller was Woodridge Group. The transaction was facilitated by brokers Uriel Escobar & John Przybyla.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,719.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,632.22
Annual Debt Service$91,586.66
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