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4747 North Harlem Avenue

Marcus & Millichap Brokers Sale Of Holiday Plaza Retail Center In Harwood Heights Illinois
SOLDRetail

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

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:

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

Adrian Mendoza

Marcus & Millichap

Broker

$215.1M

vol

27 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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