facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Retail

/

Sale

/

311 East Depot Street, Anti...

Marcus & Millichap Sells Retail Property In Antioch, IL For $1.9M
SOLDRetail

Marcus & Millichap Sells Retail Property In Antioch, IL For $1.9M

311 East Depot Street, Antioch, Illinois 60002, United States

$1,944,482

$67/SF

Building Size

28,690 SF

Asset Type

Retail

Closing

Oct 4, 2022

AI

The retail property located at 311 Depot Street in Antioch, IL, was recently sold for $1,944,482. This sale took place on October 5, 2022. The property spans across 28,690 square feet, resulting in a price per square foot of $68. Alec Coronado, Brian Parmacek, and Paul Butera from Marcus & Millichap represented the buyers and sellers in this transaction.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,944,482
  • Address: 311 Depot Street, Antioch, IL
  • Market: Antioch, IL

The buyers and sellers of the retail property at 311 Depot Street were represented by Alec Coronado, Brian Parmacek, and Paul Butera from Marcus & Millichap. Their expertise and negotiation skills played a crucial role in finalizing the sale. This transaction highlights the strong presence of Marcus & Millichap in the Antioch, IL market.

Players

Brian Parmacek

Marcus & Millichap

Broker

$27.8M

vol

9 deals

Broker

Antioch Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.16%

Cash-on-Cash

-2.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93