Local Investor Purchases Retail Property At 2701 East Main Street In St. Charles For $1.9M
2701 East Main Street
$1,900,000
Building Size
—
Asset Type
Retail
Closing
Nov 13, 2025
AI
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
Saint Charles 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93