SOLDRetail
Root Realty Acquires Retail Property On North Clark Street In Chicago For $4.6M
7410 N Clark St Chicago, IL 60626, USA
$4,638,000
$303/SF
Building Size
15,300 SF
Asset Type
Retail
Closing
Aug 29, 2023
AI
A retail property located at 7410 North Clark Street in Chicago has been sold for $4,638,000. The property spans a total of 15,300 square feet, resulting in a price per square foot of $303. The transaction took place on August 29, 2023.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,638,000
- Square Footage: 15,300
- Price per Square Foot: $303
- Address: 7410 North Clark Street, Chicago
- Market: Chicago
Kevin Itima from Root Realty represented the buyer in this transaction.
Players
Market 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
3.42%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93