Woodridge Retail Property Sold For $5.3M - Marcus & Millichap Reps Acquire 13.1k SF Building On Woodward Ave
8645 Woodward Avenue, Woodridge, IL, USA
$5,300,000
$404/SF
Building Size
13,100 SF
Asset Type
Retail
Closing
Apr 1, 2021
AI
Located at 8645 Woodward Ave. in Woodridge, Chicago, this retail property was recently sold on April 2, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,300,000
- Square Footage: 13,100
- Price per Square Foot: $405
- Market: Woodridge, Chicago
The property was sold for a total amount of $5,300,000, with a price per square foot of $405. The retail space spans 13,100 square feet and is located at 8645 Woodward Ave. in Woodridge, Chicago. This transaction took place on April 2, 2021.
The sale of this retail property was facilitated by the brokers Matt Emerick, Austin Weisenbeck, and Sean Sharko from Marcus & Millichap.
Players
Woodridge 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93