Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset At 191 West North Avenue For $2.615M
SOLD
$2,615,000
Illinois
See Similar DealsRetail12,020 SF
Sold 12/19/2025
SOLD
Mark Heidecke Of Horvath & Tremblay Represents Sale Of Retail Asset At 191 West North Avenue For $2.615M
W North Ave
See Similar DealsRetail12,020 SF
Sold 12/19/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$217
Total Square Footage:12,020 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 191 West North Avenue in West Chicago. The sale price for the asset was $2,615,000. The property spans 12,020 square feet, equating to a price per square foot of $217.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,615,000
- Address: 191 West North Avenue
- Market: West Chicago
- Square Footage: 12,020
- Price per Square Foot: $217
- Broker: Mark Heidecke - Horvath & Tremblay
Mark Heidecke represented the seller in this transaction, providing brokerage services through Horvath & Tremblay. The successful completion of this retail sale reflected active market engagement in West Chicago.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$139,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,290.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,396.43
Annual Debt Service$148,757.21
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