Marcus & Millichap Sells Retail Property In Matteson, IL For $5.1M
SOLD
$5,099,000
Illinois
See Similar DealsRetail10,502 SF
Sold 02/04/2022
SOLD
Marcus & Millichap Sells Retail Property In Matteson, IL For $5.1M
4801 211th Street, Matteson, IL, 60443
See Similar DealsRetail10,502 SF
Sold 02/04/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$485
Total Square Footage:10,502 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$271,946.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,115.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,171.86
Annual Debt Service$290,062.34
Is there something missing? Send suggestions