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
Mundelein Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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