Horvath & Tremblay Represents Buyer In $1.3M Retail Sale In Westmont, IL
6000 S Cass Ave, Westmont, Illinois 60559, United States
$1,300,000
$103/SF
Building Size
12,612 SF
Asset Type
Retail
Closing
Jan 19, 2022
About this deal
AI
The retail property located at 6000-6008 S Cass Ave in Westmont, IL has been sold for a price of $1,300,000. The property spans 12,612 square feet, resulting in a price per square foot of $103.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,300,000
- Date: 01/20/2022
- Address: 6000-6008 S Cass Ave, Westmont, IL
- Market: Westmont, IL
- Square Footage: 12,612
- Price per Square Foot: $103
The buyer's representative for this transaction was Mark Heidecke from Horvath & Tremblay, while the seller's representative was Sam Jensen from Baird & Warner.
Players
Westmont 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93