Ahmad Elwan Acquires Retail Property In Oak Lawn, IL For $3.5M
SOLD
$3,500,000
Illinois
See Similar DealsRetail12,946 SF
Sold
SOLD
Ahmad Elwan Acquires Retail Property In Oak Lawn, IL For $3.5M
5114 West 95th Street
See Similar DealsRetail12,946 SF
Sold
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$270
Total Square Footage:12,946 SF
Transaction Type:Sale
The retail property located at 5114 W 95th St in Oak Lawn, IL was recently sold for $3,500,000. The property spans over 12,946 square feet, resulting in a price per square foot of $270.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Address: 5114 W 95th St, Oak Lawn, IL
- Market: Oak Lawn, IL
- Buyer: Ahmad Elwan
- Seller: John Felker
- Brokers: Chad Firsel & Brett Berlin - Quantum Real Estate Advisors, Inc
The sale of this property was facilitated by brokers Chad Firsel and Brett Berlin from Quantum Real Estate Advisors, Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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