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
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.
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