Retail Property On S Archer Avenue In Chicago Sold For $1.2M With Brokers Mark Heidecke & John Przybyla - Horvath & Tremblay
South Archer Avenue, Chicago, IL, USA
$1,200,000
$83/SF
Building Size
14,321 SF
Asset Type
Retail
Closing
Jul 11, 2021
AI
The retail property located at 5322-5336 S Archer Avenue in Chicago has been sold for a price of $1,200,000. The property spans a total area of 14,321 square feet, resulting in a price per square foot of $84. The transaction took place on July 12, 2021, and the sale was facilitated by brokers Mark Heidecke and John Przybyla from Horvath & Tremblay.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 5322-5336 S Archer Avenue, Chicago
- Market: Chicago
- Square Footage: 14,321
- Price per Square Foot: $84
- Brokers: Mark Heidecke & John Przybyla - Horvath & Tremblay
The sale of this retail property on S Archer Avenue was completed through the efforts of Mark Heidecke and John Przybyla from Horvath & Tremblay. These brokers represented the parties involved in the transaction, facilitating a successful deal in the Chicago market.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93