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909 E Orchard St, Mundelein...

FCA Purchases 60000 SF Property In Mundelein For $1.9M With Buyer's Reps John Guill And John McDermott
SOLD

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

John McDermott

Broker

$17.8M

vol

4 deals

Broker
FCA
FCABuyer

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