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
About this deal
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