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1250 Jarvis Ave, Elk Grove ...

1250 Jarvis Ave
SOLDCommercial

1250 Jarvis Ave

1250 Jarvis Ave, Elk Grove Village, IL...

Building Size

5,000 SF

Asset Type

Commercial

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1250 Jarvis Ave, Elk Grove Village, IL. The asset has a total square footage of 5,000 square feet and is situated within the Elk Grove Village market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 1250 Jarvis Ave, Elk Grove Village, IL
  • Market: Elk Grove Village
  • Buyer: GP Company Glass
  • Seller: Techpool Tool Corporation
  • Buyer's Representative: Daly Guzaldo-Inc.
  • Seller's Representative: Mason Hezner

The transaction represented the acquisition of the property by GP Company Glass, with the involvement of Daly Guzaldo-Inc. as the buyer's representative, while Mason Hezner served as the seller's representative for Techpool Tool Corporation.

Players

Mason Hezner

Brown Commercial Group

Broker

$5.7M

vol

17 deals

Broker

Elk Grove Village Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93