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2800 75th Street, Woodridge...

Dominic Sulo & Samuel Malato Of Marcus & Millichap Sell Woodridge Retail Property For $2M
SOLDRetail

Dominic Sulo & Samuel Malato Of Marcus & Millichap Sell Woodridge Retail Property For $2M

2800 75th Street, Woodridge, Illinois 60517, United States

$2,000,000

$169/SF

Building Size

11,832 SF

Asset Type

Retail

Closing

May 16, 2022

AI

A retail property located at 2800 75th St. in Woodridge has been sold for $2,000,000. The transaction took place on 05/17/2022 and the property spans 11,832 square feet, resulting in a price per square foot of $169.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Address: 2800 75th St., Woodridge
  • Market: Woodridge
  • Square Footage: 11,832 SF
  • Price per Square Foot: $169

The sale of this retail property was facilitated by Dominic Sulo and Samuel Malato, brokers representing Marcus & Millichap. They played key roles in the transaction, ensuring a successful deal for all parties involved.

Players

Dominic Sulo

Marcus & Millichap

Broker

$148.8M

vol

22 deals

Broker

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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93