Marcus & Millichap Facilitates $5.4M Sale Of Retail Property In Berwyn, IL
SOLD
$5,400,000
+ 3
Illinois
See Similar DealsRetail5,100 SF
Sold 02/01/2021
SOLD
Marcus & Millichap Facilitates $5.4M Sale Of Retail Property In Berwyn, IL
7148 West Ogden Avenue, Berwyn, IL, USA
See Similar DealsRetail5,100 SF
Sold 02/01/2021
+ 3
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$1,058
Total Square Footage:5,100 SF
Transaction Type:Sale
A retail property located at 7148 W. Ogden Avenue in Berwyn has been sold for $5,400,000. The property spans 5,100 square feet, resulting in a price per square foot of $1,059.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,400,000
- Square Footage: 5,100
- Price per Square Foot: $1,059
- Address: 7148 W. Ogden Avenue, Berwyn
- Market: Berwyn
The sale of the retail property was facilitated by Anthony D’Ambrosia, Glen D. Kunofsky, Richard Nardi, Adrian Mendoza, Austin Weisenbeck, and Sean R. Sharko from Marcus & Millichap.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
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