Horvath & Tremblay And Cornerstone Commercial Real Estate Sell Skokie Retail Property For $1.1M
3510 Dempster Street, Skokie, Illinois 60076, United States
$1,100,000
$122/SF
Building Size
9,000 SF
Asset Type
Retail
Closing
Apr 18, 2022
AI
The retail property located at 3510-3528 Dempster St in Skokie has been sold for a total price of $1,100,000. The property spans approximately 9,000 square feet, resulting in a price per square foot of $122.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,100,000
- Address: 3510-3528 Dempster St
- Market: Skokie
Ryan Link from Horvath & Tremblay and Peter Karlis from Cornerstone Commercial Real Estate represented the parties involved in the transaction as the brokers. They facilitated the successful sale of this retail property in Skokie.
Players
Skokie 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93