Quantum Real Estate Advisors Acquires Schaumburg Retail Property For $3.75M
820 E Golf Rd, Schaumburg, IL 60173, USA
$3,750,000
$416/SF
Building Size
9,000 SF
Asset Type
Retail
Closing
Sep 30, 2020
AI
The retail property located at 820 E. Golf Road in Schaumburg was recently sold for $3,750,000 on 10/01/2020. The property spans across 9,000 square feet, resulting in a price per square foot of $417. The sale transaction was facilitated by Jason Lenhoff and Daniel Waszak from Quantum Real Estate Advisors, Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,750,000
- Address: 820 E. Golf Road
- Market: Schaumburg
- Square Footage: 9,000
- Price Per Square Foot: $417
- Brokers: Jason Lenhoff & Daniel Waszak – Quantum Real Estate Advisors, Inc
The sale transaction for the retail property on 820 E. Golf Road in Schaumburg involved the expertise of Jason Lenhoff and Daniel Waszak from Quantum Real Estate Advisors, Inc. Their guidance and representation played a crucial role in facilitating the deal.
Players
Schaumburg 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93