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700 Chase Ave, Elk Grove Vi...

Updated Oct 29, 2024

RT Group Logistics Acquires 51500 SF Property At 700 Chase Ave Elk Grove Village Represented By Christopher Nelson
SOLD

RT Group Logistics Acquires 51500 SF Property At 700 Chase Ave Elk Grove Village Represented By Christopher Nelson

700 Chase Ave, Elk Grove Village, IL...

Building Size

51,500 SF

Asset Type

—

Closing

Nov 19, 2023

About this deal

AI

The property involved in this transaction is located at 700 Chase Ave, Elk Grove Village, IL. This asset comprises 51,500 square feet and is situated within the Elk Grove Village market. The specific details regarding the sale price are not provided.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 700 Chase Ave, Elk Grove Village, IL
  • Market: Elk Grove Village
  • Buyer: RT Group Logistics
  • Buyer's Representative: Christopher Nelson-Lee & Associates

The transaction features RT Group Logistics as the buyer, which is represented by Christopher Nelson-Lee & Associates, elucidating the professional relationship between the buyer and the brokerage involved in this deal.

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Players

Christopher Nelson

Lee & Associates

Broker

$44M

vol

15 deals

Broker
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Elk Grove Village 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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