Mark Heidecke Represents Seller In Retail Sale At 933 Ogden Avenue For $3.675M
SOLD
$3,675,000
Illinois
See Similar DealsRetail6,480 SF
Sold 06/23/2025
SOLD
Mark Heidecke Represents Seller In Retail Sale At 933 Ogden Avenue For $3.675M
933 Ogden Avenue
See Similar DealsRetail6,480 SF
Sold 06/23/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$567
Total Square Footage:6,480 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 933 Ogden Avenue in Downers Grove. This retail space encompasses a total area of 6,480 square feet and was sold for a transaction amount of $3,675,000, translating to a price per square foot of $567.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,675,000
- Square Footage: 6,480
- Address: 933 Ogden Avenue
- Market: Downers Grove
- Price Per Square Foot: $567
The seller was represented by Mark Heidecke from Horvath & Tremblay, and the buyer was represented by Dominick Cannata.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$196,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,056.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,421.37
Annual Debt Service$209,056.50
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