Marcus & Millichap Brokers Sale Of Holiday Plaza Retail Center In Harwood Heights Illinois
4747 North Harlem Avenue
Building Size
70,345 SF
Asset Type
Retail
Closing
Sep 16, 2025
About this deal
AI
A 70,345-square-foot retail center, known as Holiday Plaza, was sold in Harwood Heights, Illinois, located at 4747 North Harlem Avenue. The asset is positioned in a retail market, providing a significant opportunity for the buyer, a private investor, who has now acquired this property.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 4747 North Harlem Avenue
- Market: Harwood Heights
- Asset Size: 70,345 square feet
- Brokers: Adrian Mendoza, Sean Sharko & Austin Weisenbeck - Marcus & Millichap
The sale was brokered by Marcus & Millichap, with Adrian Mendoza, Sean Sharko, and Austin Weisenbeck securing the buyer for the transaction. Their efforts facilitated the successful closure of this real estate deal.
Players
Harwood Heights 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93