Retail Property In Evanston, IL Sells For $850,000 With Brokers Mark Heidecke & John Przybyla - Horvath & Tremblay
SOLD
$850,000
Illinois
See Similar DealsRetail5,880 SF
Sold 08/27/2021
SOLD
Retail Property In Evanston, IL Sells For $850,000 With Brokers Mark Heidecke & John Przybyla - Horvath & Tremblay
3012 Central Street, Evanston, Illinois, USA
See Similar DealsRetail5,880 SF
Sold 08/27/2021
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$144
Total Square Footage:5,880 SF
Transaction Type:Sale
3012 Central Street, located in Evanston, IL, was recently sold in a retail transaction. The property spans a total area of 5,880 square feet and was sold for a price of $850,000, resulting in a per square foot price of approximately $145.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $850,000
- Square Footage: 5,880
- Price per Square Foot: $145
- Address: 3012 Central Street, Evanston, IL
- Market: Evanston, IL
The sale of the property at 3012 Central Street was facilitated by the brokers Mark Heidecke and John Przybyla, representing Horvath & Tremblay.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$45,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,019.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,029.43
Annual Debt Service$48,353.20
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