Updated Dec 21, 2023
Coldwell Banker Represents Industrial Lease At 1701 N Elston Ave In West Town
1701 North Elston Avenue, Chicago, Illinois 60642, United States
Building Size
16,500 SF
Asset Type
Industrial
Closing
May 24, 2022
About this deal
AI
The industrial property located at 1701 N Elston Ave in West Town has recently been leased. The lease transaction took place on 05/25/2022.
Summary of transaction details:
- Property Type: Industrial
- Asking Rent: $7.77/ft.
- Square Footage: 16,500
- Address: 1701 N Elston Ave
- Market: West Town
The lease was facilitated by James Hodur and Ben Miotti from Coldwell Banker. They represented the parties involved in the deal, but the specific lease details were not provided.
Traded’s record for 1701 North Elston Avenue, Chicago, Illinois 60642, United States in Chicago, Illinois covers a industrial lease from 2022. Published size for 1701 North Elston Avenue, Chicago, Illinois 60642, United States is 16,500 square feet. James Hodur, Benjamin Miotti, Coldwell Banker appear on the lease alongside Coldwell Banker. This page is the Chicago, Illinois file for the 1701 North Elston Avenue, Chicago, Illinois 60642, United States industrial leased: pricing, party profiles, and other closed industrial comps from the same Chicago sit in the Market section below. Filter that Chicago industrial set by closing date to see what else leased near 1701 North Elston Avenue, Chicago, Illinois 60642, United States around 2022. Cite this Coldwell Banker Represents Industrial Lease At 1701 N Elston Ave In West Town lease when underwriting similar industrial product around Chicago, Illinois.
Players
Chicago Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Illinois industrial leases on Traded.
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