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5020 West 95th Street, Oak ...

Retail Property In Oak Lawn, IL Sells For $3.3M With Broker Patrick J. Forkin - Baum Realty Group
SOLDRetail

Retail Property In Oak Lawn, IL Sells For $3.3M With Broker Patrick J. Forkin - Baum Realty Group

5020 West 95th Street, Oak Lawn, Illinois 60453, United States

$3,300,000

$332/SF

Building Size

9,921 SF

Asset Type

Retail

Closing

Jul 19, 2022

AI

The retail property located at 5020 W 95th St in Oak Lawn, IL has been sold for a price of $3,300,000. This property, totaling 9,921 square feet, was sold on 07/20/2022. The sale price per square foot was $333. Patrick J. Forkin, representing Baum Realty Group, acted as the broker for this transaction.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,300,000
  • Transaction Date: 07/20/2022
  • Address: 5020 W 95th St, Oak Lawn, IL
  • Square Footage: 9,921
  • Price per Square Foot: $333
  • Broker: Patrick J. Forkin - Baum Realty Group

Patrick J. Forkin from Baum Realty Group played a crucial role in representing the parties involved in this retail property sale.

Players

Patrick Forkin

Matthews

Broker

$66.7M

vol

8 deals

Broker

Oak Lawn 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93