Quantum Real Estate Advisors Represents Sale Of Retail Property In Hainesville, IL For $2.1M
60 E Belvidere Rd, Hainesville, Illinois 60030, United States
$2,100,000
Building Size
—
Asset Type
Retail
Closing
May 27, 2022
AI
The retail property located at 60-80 E. Belvidere Rd in Hainesville, IL has been sold for a price of $2,100,000. The sale of this property was facilitated by Jason Lenhoff of Quantum Real Estate Advisors.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,100,000
- Date: 05/28/2022
- Address: 60-80 E. Belvidere Rd
- Market: Hainesville, IL
The sale of this retail property signifies a successful transaction in the Hainesville, IL market. Jason Lenhoff, representing Quantum Real Estate Advisors, played a key role in ensuring the deal's smooth process and satisfactory outcome for both parties involved.
Players
Grayslake Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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