Michael Mugel & Jonathan Gesuale Of Red Mountain Group Facilitate Retail Sale In Woodridge For $3.45M
2401 75th Street
$3,450,000
$67/SF
Building Size
50,809 SF
Asset Type
Retail
Closing
Jan 31, 2025
About this deal
AI
The asset involved in the transaction is a retail property located at 2401 75th Street in the Woodridge market. The sale price for this property was $3,450,000, with a total square footage of 50,809, translating to a price per square foot of $67.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,450,000
- Address: 2401 75th Street
- Market: Woodridge
- Square Footage: 50,809
- Price Per Square Foot: $67
The deal was facilitated by Michael Mugel, who serves as the Owner, and Jonathan Gesuale, the VP of Real Estate, both from Red Mountain Group, representing the interests involved in the transaction.
On the Map
$3,450,000
$67/SF
Retail
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Players
Woodridge 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93