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Local Investor Purchases Retail Property At 2701 East Main Street In St. Charles For $1.9M
SOLD
$1,900,000
Illinois
See Similar DealsRetail
Sold 11/13/2025
SOLD
Local Investor Purchases Retail Property At 2701 East Main Street In St. Charles For $1.9M
2701 East Main Street
See Similar DealsRetail
Sold 11/13/2025
Summary
ILLINOIS
Asset Type:Retail
Transaction Type:Sale
The property involved in this transaction is a retail asset located at 2701 East Main Street, St. Charles, IL. The property encompasses a total area of 4,083 square feet, with a sale price of $1,900,000. It is currently leased to two tenants, Dunkin’ and Options Medical, under net leases, and features a drive-thru.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,900,000
- Units: 4,083
- Price Per Unit: $465
- Market: St. Charles
- Brokers: Brewster Hague & Tommy Galvin - Greenstone Partners
Brewster Hague, AJ Patel, and Tommy Galvin represented the seller in this deal, which involved a local investor acquiring the two-tenant building through Greenstone Partners. This organization facilitated the transaction, ensuring all aspects were addressed during the sale process.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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