Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M
800 W Irving Park Rd, Bensenville, IL 60106
$1,100,000
Building Size
—
Asset Type
—
Closing
Jan 17, 2022
About this deal
AI
The property involved in this transaction is a land located at 800 W Irving Park Rd in Bensenville, IL. The land spans approximately 1.66 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,100,000
- Date: 01/18/2022
- Market: Bensenville, IL
- Brokers: Adam Schneiderman & Dale Strauss - Strauss Realty Ltd
The transaction for this land property was facilitated by Adam Schneiderman and Dale Strauss from Strauss Realty Ltd. They represented the parties involved in this deal.
The commercial sale at 800 W Irving Park Rd, Bensenville, IL 60106 in Bensenville, Illinois sold for $1.1M in 2022. Named participants on the 800 W Irving Park Rd, Bensenville, IL 60106 sale are Dale Strauss, Adam Schneiderman. This page is the Bensenville, Illinois file for the 800 W Irving Park Rd, Bensenville, IL 60106 commercial sold: pricing, party profiles, and other closed commercial comps from the same Bensenville sit in the Market section below. Filter that Bensenville commercial set by closing date to see what else sold near 800 W Irving Park Rd, Bensenville, IL 60106 around 2022. Published consideration for 800 W Irving Park Rd, Bensenville, IL 60106 is $1.1M, dated 2022. Cite this Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M sale when underwriting similar commercial product around Bensenville, Illinois.
On the Map
$1,100,000
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Players
Bensenville CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93