The Boulder Group Facilitates $4.99M Sale Of Retail Property On South State Street In Chicago
520 S State St, Chicago, IL 60605, USA
$4,992,000
$568/SF
Building Size
8,781 SF
Asset Type
Retail
Closing
Sep 7, 2020
About this deal
AI
An $4,992,000 retail property located at 520 South State Street in Chicago has been sold. The property spans 8,781 square feet and was sold at a price of $568 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,992,000
- Address: 520 South State Street
- Market: Chicago
- Square Footage: 8,781
- Price per Square Foot: $568
- Brokers: Juan José Zaragoza – EXAN Group, Randy Blankstein, and Jimmy Goodman – The Boulder Group
The deal was facilitated by the brokers Juan José Zaragoza from EXAN Group and Randy Blankstein and Jimmy Goodman from The Boulder Group.
On the Map
$4,992,000
$568/SF
Retail
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Players
Chicago 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
3.18%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93