Saltbox Acquires 70,697 Square Foot Industrial Building From William R. Crooker For $10.5M
934 Church Road
$10,500,000
$148/SF
Building Size
70,697 SF
Asset Type
—
Closing
Jun 16, 2026
AI
934 North Church Road is an industrial property located in Elmhurst, Illinois, featuring a total square footage of 70,697. The sale was finalized at a transaction amount of $10,500,000, translating to a price per square foot of $149.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,500,000
- Address: 934 North Church Road
- Market: Elmhurst, IL
- Square Footage: 70,697
- Price per Square Foot: $149
- Buyer: Saltbox
- Seller: William R. Crooker - Stag Industrial
- Buyer's Representative: Brian Duffy & Ben Dickey - Stream Realty Partners
- Seller's Representative: Jeff Galante & Jeff Janda - Lee & Associates
Lee & Associates facilitated the transaction, with the buyer acquiring the facility to enhance its ecommerce and logistics capabilities. The buyer and seller representatives played key roles in closing the deal on 06/16/2026, securing a strategic property situated near major Chicago-area highways.
Players
Market 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93