Mark Heidecke Of Horvath & Tremblay Represents Buyer In Glendale Heights Retail Sale For $3.72M
314 East Army Trail Road
$3,720,000
$178/SF
Building Size
20,800 SF
Asset Type
Retail
Closing
Jun 11, 2025
AI
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
Glendale Heights 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
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93