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
About this deal
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.
The retail sale at 7410 N Clark St Chicago, IL 60626, USA in Illinois sold for $4.6M in 2023. The building is 15,300 square feet, implying about 303 per square foot on the published price. Kevin Itima, Root Realty appear on the sale alongside Root Realty. This page is the Illinois file for the 7410 N Clark St Chicago, IL 60626, USA retail sold: pricing, party profiles, and other closed retail comps from the same Illinois sit in the Market section below. Filter that local retail set by closing date to see what else sold near 7410 N Clark St Chicago, IL 60626, USA around 2023. Published consideration for 7410 N Clark St Chicago, IL 60626, USA is $4.6M, dated 2023. Cite this Root Realty Acquires Retail Property On North Clark Street In Chicago For $4.6M sale when underwriting similar retail product around Illinois.
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Market 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
3.42%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93