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4850 West 95th Street, Oak ...

Updated Sep 9, 2024

Boulder Group Represents Buyer In $4.1M Retail Sale In Oak Lawn
SOLDRetail

Boulder Group Represents Buyer In $4.1M Retail Sale In Oak Lawn

4850 West 95th Street, Oak Lawn, Illinois 60453, United States

$4,117,000

$539/SF

Building Size

7,634 SF

Asset Type

Retail

Closing

Jun 29, 2022

About this deal

AI

The retail property located at 4850 W 95th St in Oak Lawn has been sold for a price of $4,117,000. The property consists of 7,634 square feet, resulting in a price per square foot of $539. The transaction took place on June 30, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,117,000
  • Address: 4850 W 95th St
  • Market: Oak Lawn
  • Square Footage: 7,634

The buyer's representative in this transaction was John Feeney from Boulder Group, while the seller was represented by Drew Neems and Theron May from Imperial Realty. The property was ground leased to Fifth Third Bank with a 20-year NNN lease. No additional information was provided.

On the Map

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$4,117,000

$539/SF

Retail

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Players

Drew Neems

NorthMarq

Broker

$45.4M

vol

9 deals

Broker
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Oak Lawn Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $539 per square foot on a published $4.1M for 7,634 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.85%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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