Retail Property On S Archer Avenue In Chicago Sold For $1.2M With Brokers Mark Heidecke & John Przybyla - Horvath & Tremblay
SOLD
$1,200,000
Illinois
See Similar DealsRetail14,321 SF
Sold 07/12/2021
SOLD
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
See Similar DealsRetail14,321 SF
Sold 07/12/2021
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$83
Total Square Footage:14,321 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
Is there something missing? Send suggestions