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34-54 West Roosevelt Road, ...

Horvath & Tremblay Facilitates $2.68M Sale Of Retail Property In Lombard, IL
SOLDRetail

Horvath & Tremblay Facilitates $2.68M Sale Of Retail Property In Lombard, IL

34-54 West Roosevelt Road, Lombard, Illinois, USA

$2,675,000

$178/SF

Building Size

15,000 SF

Asset Type

Retail

Closing

Sep 10, 2021

AI

A retail property located at 34-54 W Roosevelt Road in Lombard, IL has been sold. The property spans 15,000 square feet and was sold for a price of $2,675,000. The transaction took place on September 10, 2021, with an asking price matching the sale price. The property is situated in a retail market.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,675,000
  • Address: 34-54 W Roosevelt Road, Lombard, IL
  • Market: Retail
  • Brokers: Mark Heidecke & John Przybyla - Horvath & Tremblay
  • Square Footage: 15,000
  • Price per Square Foot: $178

The sale of this retail property was facilitated by Mark Heidecke and John Przybyla from Horvath & Tremblay. They represented the respective parties involved in the deal but did not act as the principals. No additional details about the transaction are available.

Players

John Przybyla

Horvath & Tremblay

Broker

$45M

vol

17 deals

Broker

Lombard Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.93%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93