Samuel Cochrane Of AutoCanada Sells Toyota Of Lincolnwood For $40.1 Million In Lincolnwood, IL
7225 North Cicero Avenue
$40,100,000
Building Size
—
Asset Type
Retail
Closing
Jun 29, 2026
AI
The asset involved in this transaction is a retail property located at 7225 North Cicero Avenue in Lincolnwood, Illinois. The sale price for the property was $40,100,000. This transaction is part of AutoCanada's strategic exit from the U.S. dealership market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40,100,000
- Seller: Samuel Cochrane - AutoCanada
- Location: 7225 North Cicero Avenue, Lincolnwood, IL
- Date of Sale: 06/29/2026
AutoCanada, the seller, reported that this sale contributes to a total of approximately $106 million in proceeds from its U.S. dealership divestitures, moving towards a targeted range of $115 million to $130 million in total proceeds from its strategic repositioning efforts.
Players
Cicero 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93