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934 Church Road

Saltbox Acquires 70,697 Square Foot Industrial Building From William R. Crooker For $10.5M
SOLD

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

Jeffrey Janda

Lee & Associates

Broker

$27.2M

vol

27 deals

Broker
William R. Crooker

William R. Crooker

Stag Industrial

Seller

$97.1M

vol

5 deals

Seller

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