Marcus & Millichap Facilitates $5.4M Sale Of Retail Property In Berwyn, IL
7148 West Ogden Avenue, Berwyn, IL, USA
$5,400,000
$1,058/SF
Building Size
5,100 SF
Asset Type
Retail
Closing
Jan 31, 2021
AI
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.
Players
Berwyn 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93