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4411 211th St Matteson, IL ...

John Durra Acquires Retail Property In Matteson, IL For $5.2M
SOLDRetail

John Durra Acquires Retail Property In Matteson, IL For $5.2M

4411 211th St Matteson, IL 60443

$5,200,000

$1,209/SF

Building Size

4,300 SF

Asset Type

Retail

Closing

Aug 16, 2022

AI

The retail property located at 4411 211th St. in Matteson, IL has been sold for a price of $5,200,000. The transaction took place on August 17, 2022. The property spans 4,300 square feet, resulting in a price per square foot of $1,209.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,200,000
  • Address: 4411 211th St., Matteson, IL
  • Market: Matteson, IL

The buyer of the property is John Durra, while the seller is Bluejay Management, represented by Marc Jacobowitz and Yerachmeal Jacobson. The deal was facilitated by the broker, Jordan Kopel from SAB Capital & Real Estate Foundation, Inc.

Players

Jordan Koeppel

SAB Capital

Broker

$5.2M

vol

1 deal

Broker
Marc Jacobowitz

Marc Jacobowitz

Bluejay Management

Seller

$181.4M

vol

10 deals

Seller
Bluejay Management
Bluejay ManagementSeller

Matteson 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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93