Blankstein & Goodman Of The Boulder Group Facilitate $1.6M Retail Sale In Grayslake
500 Center Street
$1,595,000
$404/SF
Building Size
3,942 SF
Asset Type
Retail
Closing
Nov 15, 2020
About this deal
AI
The retail property located at 500 Center Street in Grayslake has been sold for a price of $1,595,000. The transaction took place on 11/16/2020. The property spans 3,942 square feet, resulting in a price per square foot of $405.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,595,000
Randy Blankstein and Jimmy Goodman, representing The Boulder Group, were the brokers involved in the deal.
The retail sale at 500 Center Street in Grayslake, Illinois sold for $1.6M in 2020. The building is 3,942 square feet, implying about 404 per square foot on the published price. Jimmy Goodman, Randy Blankstein, The Boulder Group appear on the sale alongside The Boulder Group. This page is the Grayslake, Illinois file for the 500 Center Street retail sold: pricing, party profiles, and other closed retail comps from the same Grayslake sit in the Market section below. Filter that Grayslake retail set by closing date to see what else sold near 500 Center Street around 2020. Published consideration for 500 Center Street is $1.6M, dated 2020. Cite this Blankstein & Goodman Of The Boulder Group Facilitate $1.6M Retail Sale In Grayslake sale when underwriting similar retail product around Grayslake, Illinois.
Players
Grayslake 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
9.95%
Cash-on-Cash
-2.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93