FCA Purchases 60000 SF Property In Mundelein For $1.9M With Buyer's Reps John Guill And John McDermott
SOLD
$1,900,000
Illinois
See Similar Deals60,000 SF
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
See Similar Deals60,000 SF
Summary
ILLINOIS
Price Per Square Foot:$31
Total Square Footage:60,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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