SOLDRetail
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
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.
Players
Matteson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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