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1700 Butterfield Road

Elite Baseball Training Leases 30000 Square Feet Industrial Space At 1700 Butterfield Road
LEASEDIndustrial

Elite Baseball Training Leases 30000 Square Feet Industrial Space At 1700 Butterfield Road

1700 Butterfield Road

Building Size

30,000 SF

Asset Type

Industrial

Closing

Nov 18, 2025

AI

The property involved in this transaction is an industrial asset located at 1700 Butterfield Road in Mundelein. The facility comprises 30,000 square feet and features 2,300 square feet of office space, a 20-foot clear height, two docks, and one drive-in door.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 1700 Butterfield Road
  • Market: Mundelein
  • Landlord: Red Tail Commercial
  • Tenant: Elite Baseball Training
  • Landlord's Representative: Steve Sullivan - NAI Hiffman
  • Tenant's Representative: Brian Bocci - Entre Commercial Realty

Elite Baseball Training secured a variance for athletic use and added parking to facilitate the expansion of its training and development operations in this new location. Brian Bocci from Entre Commercial Realty represented the tenant, while Steve Sullivan from NAI Hiffman represented Red Tail Commercial, the landlord, in this lease agreement.

Players

Brian Bocci

Entre Commercial Realty

Broker

$1.1M

vol

6 deals

Broker
Entre Commercial Realty
Entre Commercial RealtyBrokerage
NAI Hiffman
NAI HiffmanBrokerage
Elite Baseball Training
Elite Baseball TrainingTenant

Mundelein Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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