5828 West Monee Manhattan Road; 9335 Irving Park Road; 1490 Wright Avenue
5828 West Monee Manhattan Road, 9335 Irving Park Road & 1490 Wright Avenue
$3,765,000
Building Size
—
Asset Type
Retail
Closing
Oct 29, 2026
About this deal
AI
The sale involved three retail properties located at 5828 West Monee Manhattan Road, 9335 Irving Park Road, and 1490 Wright Avenue across Monee & Schiller Park, IL, and Alma, MI. The total transaction price for the properties amounted to $3,765,000. The assets included a Starbucks in Monee, Illinois, which was sold for $2 million, a vacant former Wendy’s in Schiller Park, Illinois, sold for $1 million, and a KFC in Alma, Michigan, which fetched $765,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,765,000
- Address: 5828 West Monee Manhattan Road; 9335 Irving Park Road; 1490 Wright Avenue
- Market: Monee & Schiller Park, IL; Alma, MI
- Broker: Mark Heidecke - Horvath & Tremblay
Mark Heidecke was responsible for managing the transactions, representing buyers in the sales of the Starbucks and KFC properties, while also representing the seller and securing the buyer for the former Wendy’s property.
On the Map
$3,765,000
Retail
View full map
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.21%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93