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7410 N Clark St Chicago, IL...

Root Realty Acquires Retail Property On North Clark Street In Chicago For $4.6M
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

Kevin Itima

Root Realty

Broker

$11.7M

vol

9 deals

Broker

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