Maxx Bauman Of Matthews Real Estate Investment Services Represents Seller In $11.6M Franklin Park Sale
10451 Waveland Ave, Franklin Park, IL...
$11,600,000
$132/SF
Building Size
87,464 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property located at 10451 Waveland Ave, Franklin Park, IL is a transaction involving a price of $11,600,000.00. The asset covers a total square footage of 87,464 and is situated in the Franklin Park market.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $11,600,000.00
- Square Footage: 87,464
- Address: 10451 Waveland Ave, Franklin Park, IL
- Market: Franklin Park
- Seller's Representative: Maxx Bauman (Matthews Real Estate Investment Services)
- Buyer: Unknown
- Seller: Not disclosed
Maxx Bauman from Matthews Real Estate Investment Services represents the seller in this transaction, indicating his role in facilitating the sale process. The identity of the buyer remains undisclosed, further defining the dynamics of this deal.
Players
Franklin Park CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93