Marcus & Millichap Brokers $6M Retail Sale In Evergreen Park & Hillside
9150 South Western Avenue, Evergreen Park, IL, USA
$6,000,000
$1,655/SF
Building Size
3,625 SF
Asset Type
Retail
Closing
Mar 10, 2021
About this deal
AI
A retail property located at 9150 S Western Ave in Evergreen Park and 110 S Mannheim Rd in Hillside has been sold for $6,000,000. The transaction took place on 03/11/2021. The property is situated in the markets of Evergreen Park and Hillside.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,000,000
- Address: 9150 S Western Ave & 110 S Mannheim Rd
- Market: Evergreen Park & Hillside
The sale was facilitated by brokers Steven Weinstock and Benjamin H. Silver from Marcus & Millichap.
Players
Evergreen Park 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93