ML Realty Partners Acquires Property On 701 E Devon Ave, Elk Grove Village
701 E Devon Ave, Elk Grove Village, IL...
Building Size
218,000 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property located at 701 E Devon Ave, Elk Grove Village, IL, boasts a spacious area of 218,000 square feet. The sale took place in Elk Grove Village, involving ML Realty Partners as the buyer.
Summary of transaction details:
- Property Type: Not Specified
- Transaction Amount: Not Specified
- Buyer's Representative: Steve Stone - Cushman & Wakefield
The purchase was facilitated with the representation of Steve Stone from Cushman & Wakefield, guiding ML Realty Partners through the acquisition process.
Traded’s record for 701 E Devon Ave, Elk Grove Village, IL... in Elk Grove Village, Illinois covers a commercial sale from 2024. The building is 218,000 square feet, implying about 0 per square foot on the published price. Steve Stone, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Elk Grove Village, Illinois file for the 701 E Devon Ave, Elk Grove Village, IL... commercial sold: pricing, party profiles, and other closed commercial comps from the same Elk Grove Village sit in the Market section below. Filter that Elk Grove Village commercial set by closing date to see what else sold near 701 E Devon Ave, Elk Grove Village, IL... around 2024. Cite this ML Realty Partners Acquires Property On 701 E Devon Ave, Elk Grove Village sale when underwriting similar commercial product around Elk Grove Village, Illinois.
Players
Elk Grove Village CRE Market Snapshot
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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