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7148 West Ogden Avenue, Ber...

Marcus & Millichap Facilitates $5.4M Sale Of Retail Property In Berwyn, IL
SOLDRetail

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

Adrian Mendoza

Marcus & Millichap

Broker

$206.2M

vol

24 deals

Broker

Berwyn 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

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93