SOLDRetail
Ahmad Elwan Acquires Retail Property In Oak Lawn, IL For $3.5M
5114 West 95th Street
$3,500,000
$270/SF
Building Size
12,946 SF
Asset Type
Retail
Closing
Nov 16, 2022
AI
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.
Players
Oak Lawn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93