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6418 North Sheridan Road

Robert Sekula & Eric Turrin Of North Park Ventures Purchase Retail Asset From Citibank For $9.17M
SOLDRetail

Robert Sekula & Eric Turrin Of North Park Ventures Purchase Retail Asset From Citibank For $9.17M

6418 North Sheridan Road

$9,169,000

$305/SF

Building Size

30,000 SF

Asset Type

Retail

Closing

Sep 21, 2025

AI

The property asset involved in this transaction is located at 6418 North Sheridan Road in Chicago, classified as retail. The sale price was $9,169,000 for a square footage of 30,000, resulting in a price per square foot of $305.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,169,000
  • Address: 6418 North Sheridan Road
  • Market: Chicago
  • Square Footage: 30,000
  • Price per Square Foot: $305
  • Buyer: Robert Sekula & Eric Turrin - North Park Ventures
  • Seller: Citibank
  • Buyer's Representative: Chuck Dickstein - Quadrel Realty Group

This transaction involved Robert Sekula and Eric Turrin acting as the buyers, representing North Park Ventures. The transaction was facilitated by Chuck Dickstein from Quadrel Realty Group, who represented the buyers throughout the deal.

Players

Chuck Dickstein

Quadrel Realty Group

Broker

$11.7M

vol

2 deals

Broker
NV
North Park VenturesBuyer

Chicago 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

1.73%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93