Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset In Waukegan For $4.3M
SOLD
$4,300,000
Illinois
See Similar DealsRetail8,441 SF
Sold 10/21/2025
SOLD
Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset In Waukegan For $4.3M
4055 Northpoint Boulevard
See Similar DealsRetail8,441 SF
Sold 10/21/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$509
Total Square Footage:8,441 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
Is there something missing? Send suggestions