FCA Purchases 60000 SF Property In Mundelein For $1.9M With Buyer's Reps John Guill And John McDermott
909 E Orchard St, Mundelein, IL, 60060
$1,900,000
$31/SF
Building Size
60,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in the transaction is located at 909 E Orchard St, Mundelein, IL, 60060. The sale price for the property was $1,900,000.00, and it encompasses a total area of 60,000 square feet. This transaction occurred within the Mundelein market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,900,000.00
- Square Footage: 60,000 SF
- Address: 909 E Orchard St, Mundelein, IL, 60060
- Market: Mundelein
- Buyer: FCA
- Buyer's Representative: John Guill-SVN Chicago Commercial John McDermott
Key individuals involved in the transaction include the buyer FCA and the representative for the buyer, John Guill of SVN Chicago Commercial, along with John McDermott, who represented FCA in the deal.
Players
Mundelein 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93