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5437 West 95th Street

Core Acquisitions And T2 Capital Management Sell Fully Leased Retail Center In Oak Lawn For $2.1M
SOLDRetail

Core Acquisitions And T2 Capital Management Sell Fully Leased Retail Center In Oak Lawn For $2.1M

5437 West 95th Street

$2,100,000

Building Size

Asset Type

Retail

Closing

Jan 15, 2024

AI

Core Acquisitions and T2 Capital Management have sold a fully leased retail center located at 5437 West 95th Street in Oak Lawn, Chicago. The property was recently renovated and consists of two tenants, Chicago Title and Hassleless Mattress. The sale was facilitated by Quantum Real Estate Advisors on behalf of the sellers, with a California-based buyer acquiring the property for $2.1 million.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,100,000
  • Date: 01/15/2024
  • Address: 5437 West 95th Street, Oak Lawn, Chicago
  • Market: Oak Lawn

The sellers of the retail center were Adam Firsel from Core Acquisitions and Jeff D. Brown from T2 Capital Management. Representing the sellers in the transaction were brokers Brett Berlin and Chad Firsel from Quantum Real Estate Advisors.

Players

Chad Firsel

Quantum Real Estate Advisors

Broker

$62.1M

vol

10 deals

Broker

Oak Lawn 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93