Core Acquisitions Acquires Retail Property In Skokie, IL For $13.5M
9410 Skokie Boulevard, Skokie, Illinois 60077, United States
$13,500,000
$158/SF
Building Size
85,000 SF
Asset Type
Retail
Closing
Oct 27, 2022
About this deal
AI
The retail property located at 9410 Skokie Blvd in Skokie, IL has been sold for $13,500,000. The transaction took place on 10/28/2022. The property sits on a 6.4-acre lot and has a total area of 85,000 square feet. The buyer of the property is Core Acquisitions, represented by Adam Firsel. The seller is Pine Tree. The price per square foot for the sale is $159.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,500,000
- Date: 10/28/2022
- Address: 9410 Skokie Blvd, Skokie, IL
- Market: Skokie, IL
- Acres: 6.4
- Square Footage: 85,000
- Buyer: Core Acquisitions - Adam Firsel
- Seller: Pine Tree
- Price per Square Foot: $159
The transaction was facilitated by Adam Firsel of Core Acquisitions, who represented the buyer in the deal. Pine Tree served as the seller in this transaction. The property's sale price and other details were agreed upon to finalize the sale.
On the Map
$13,500,000
$158/SF
Retail
View full map
Players
Skokie Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Adam Firsel to view all their deals.
Browse Illinois retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93