Greenstone Partners Brokers Acquire Retail Property In Round Lake, IL For $2.3M
31600 US Route 12
$2,346,000
$1,028/SF
Building Size
2,280 SF
Asset Type
Retail
Closing
Oct 7, 2022
About this deal
AI
A retail property located at 31600 US Highway 12 in Round Lake, IL has been sold. The transaction was facilitated by Jason St. John and Brewster Hague of Greenstone Partners. The property was sold for a total price of $2,346,000. It has a total square footage of 2,280, resulting in a price per square foot of $1,029.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,346,000
- Address: 31600 US Highway 12, Round Lake, IL
- Market: Round Lake, IL
- Square Footage: 2,280
- Price per Square Foot: $1,029
The sale of this retail property was successfully executed with the assistance of Jason St. John and Brewster Hague from Greenstone Partners. They served as the brokers in this transaction, representing the buyer and seller involved.
Players
Lakemoor 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
6.76%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93