Mark Heidecke Of Horvath & Tremblay Represents Seller In $1.7M Retail Sale In Loves Park
6246 East Riverside Boulevard
$1,700,000
$109/SF
Building Size
15,592 SF
Asset Type
Retail
Closing
Jul 24, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 6246 East Riverside Boulevard in Loves Park. The sale price for this asset was $1,700,000, which translates to a price per square foot of $109, encompassing a total area of 15,592 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 6246 East Riverside Boulevard
- Market: Loves Park
- Square Footage: 15,592
- Price per Square Foot: $109
- Seller's Representative: Mark Heidecke - Horvath & Tremblay
Mark Heidecke from Horvath & Tremblay represented the seller in this transaction, facilitating the sale of the retail property. This transaction reflects the coordinated effort of the real estate professionals involved in securing the deal.
Loves Park 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93