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
About this deal
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.
On the Map
$4,300,000
$509/SF
Retail
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Players
Waukegan 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93