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4055 Northpoint Boulevard

Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset In Waukegan For $4.3M
SOLDRetail

Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset In Waukegan For $4.3M

4055 Northpoint Boulevard

$4,300,000

$509/SF

Building Size

8,441 SF

Asset Type

Retail

Closing

Oct 20, 2025

AI

The property asset involved in this transaction is a retail space located at 4055 Northpoint Boulevard in Waukegan. The asset spans 8,441 square feet and was sold for a price of $4,300,000, translating to a price per square foot of $509.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,300,000
  • Address: 4055 Northpoint Boulevard
  • Market: Waukegan
  • Square Footage: 8,441
  • Price per Square Foot: $509
  • Broker: Mark Heidecke - Horvath & Tremblay

Mark Heidecke of Horvath & Tremblay represented the seller in this transaction, facilitating the sale of the retail property. This involvement highlights the role of the brokerage in the successful completion of the deal.

Players

Mark Heidecke

Horvath & Tremblay

Broker

$104.6M

vol

40 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

Waukegan 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

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93