Marcus & Millichap Sells Retail Property In Matteson, IL For $5.1M
4801 211th Street, Matteson, IL, 60443
$5,099,000
$485/SF
Building Size
10,502 SF
Asset Type
Retail
Closing
Feb 3, 2022
About this deal
AI
The retail property located at 4801 211th St in Matteson, IL has been sold. The transaction took place on 02/04/2022.
Summary of transaction details
- Property Type: Retail
- Sale Price: $5,099,000
- Square Footage: 10,502
- Price per Square Foot: $486
- Address: 4801 211th St, Matteson, IL
- Market: Matteson, IL
The sale was facilitated by brokers Austin Weisenbeck, Sean R. Sharko, and Carlos Cain from Marcus & Millichap.
The retail sale at 4801 211th Street, Matteson, IL, 60443 in Matteson, Illinois sold for $5.1M in 2022. The building is 10,502 square feet, implying about 485 per square foot on the published price. Carlos M Cain, Sean Sharko, Austin Weisenbeck, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Matteson, Illinois file for the 4801 211th Street, Matteson, IL, 60443 retail sold: pricing, party profiles, and other closed retail comps from the same Matteson sit in the Market section below. Filter that Matteson retail set by closing date to see what else sold near 4801 211th Street, Matteson, IL, 60443 around 2022. Published consideration for 4801 211th Street, Matteson, IL, 60443 is $5.1M, dated 2022. Cite this Marcus & Millichap Sells Retail Property In Matteson, IL For $5.1M sale when underwriting similar retail product around Matteson, Illinois.
Players
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93