Retail Property In Bensenville Sold For $3M
321 W Irving Park Rd, Bensenville, IL, USA
$3,000,000
$403/SF
Building Size
7,427 SF
Asset Type
Retail
Closing
Apr 22, 2021
AI
The retail property located at 321 W Irving Park Rd in Bensenville has been sold for $3,000,000. The transaction took place on April 23, 2021, and the property spans a total of 7,427 square feet. This amounts to a price per square foot of $404. The sale was facilitated by Chad Firsel of Quantum Real Estate Advisors Inc.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 321 W Irving Park Rd, Bensenville
- Market: Bensenville
- Square Footage: 7,427
- Price per Square Foot: $404
Chad Firsel from Quantum Real Estate Advisors Inc. represented the parties involved in this sale. As a result of this transaction, the property has changed ownership, offering new opportunities for investment and development in the Bensenville market.
Bensenville 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93