Fakhouri Real Estate Acquires Retail Property From Nabila Aiyask For $3,275,000 In Hickory Hills
8821 West 87th Street
$3,275,000
$78/SF
Building Size
41,650 SF
Asset Type
Retail
Closing
Apr 30, 2026
AI
The property involved in this transaction is a retail asset located at 8821 West 87th Street, Hickory Hills. The sale price for the property was $3,275,000, encompassing a total area of 41,650 square feet, which translates to a price per square foot of $78.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,275,000
- Address: 8821 West 87th Street
- Market: Hickory Hills
- Square Feet: 41,650
- Price per Square Foot: $78
- Buyer: Fakhouri Real Estate
- Seller: Nabila Aiyask
- Buyer's Representative: Jonathan Fakhouri - Fakhouri Real Estate LLC
- Seller's Representative: Dominick Cannata - Brookline Real Estate & Investments
This transaction highlights the involvement of Fakhouri Real Estate as the buyer, represented by Jonathan Fakhouri. The seller, Nabila Aiyask, was represented by Dominick Cannata of Brookline Real Estate & Investments, indicating a professional engagement in the retail property market.
Players
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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93