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Mark Heidecke Of Horvath & Tremblay Represents Buyer In Glendale Heights Retail Sale For $3.72M

Property Image
SOLD
$3,720,000
Mark Heidecke
Carlo Santucci

Illinois

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Retail20,800 SF
Sold 06/12/2025
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Property Image
SOLD

Mark Heidecke Of Horvath & Tremblay Represents Buyer In Glendale Heights Retail Sale For $3.72M

314 East Army Trail Road

See Similar Deals
Retail20,800 SF
Sold 06/12/2025
Mark Heidecke
Carlo Santucci
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$178
Total Square Footage:20,800 SF
Transaction Type:Sale

The retail property located at 314 East Army Trail Road in Glendale Heights has been sold for a transaction amount of $3,720,000. The asset encompasses a total square footage of 20,800, resulting in a price per square foot of $178.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,720,000
  • Square Footage: 20,800
  • Address: 314 East Army Trail Road
  • Market: Glendale Heights
  • Price per Square Foot: $178
  • Buyer's Representative: Mark Heidecke - Horvath & Tremblay
  • Seller's Representative: Carlo Santucci - Avalon Realty Associates LLC

Mark Heidecke represents the buyer in this transaction, associated with Horvath & Tremblay, while Carlo Santucci represents the seller, working with Avalon Realty Associates LLC.

Players

Mark Heidecke
Horvath & Tremblay
Mark Heidecke
40 deals$104.6M volume(312) 637-6582
BROKER
Carlo Santucci
Avalon Realty Associates LLC
Carlo Santucci
1 deal$3.7M volume(847) 293-2547
BROKER
Horvath & Tremblay
Horvath & Tremblay
BROKERAGE

Details

SOLD
IMAGE: Mark Heidecke & Carlo Santucci DATE: 6/12/2025 ADDRESS: 314 East Army Trail Road MARKET: Glendale Heights ASSET TYPE: Retail BUYER'S REP: Mark Heidecke - Horvath & Tremblay SELLER'S REP: Carlo Santucci - Avalon Realty Associates LLC (@AvalonRealtyCRE) SALE PRICE: $3,720,000 SF: 20,800 ~ PPSF: $178

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$198,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,216.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,634.70
Annual Debt Service$211,616.37