AIC Industrial Signs Three Leases With Chicago Metal Fabricators Moonwalks Inc And Experts 1 HVAC Inc
4800 South Kilbourn Avenue & 4850 South Kilbourn Avenue
Building Size
126,364 SF
Asset Type
Industrial
Closing
Feb 24, 2026
AI
The property involved in this transaction is an industrial asset located at 4800 & 4850 South Kilbourn Avenue in Chicago. It encompasses a total of 63,182 square feet and is part of a larger 237,694-square-foot industrial manufacturing campus owned by AIC Industrial.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: AIC Industrial
- Tenant: Chicago Metal Fabricators, Moonwalks Inc & Experts 1 HVAC Inc
- Landlord's Representatives: Frank Melchert, Stevan Arandjelovic & Simon Porras - Cawley Chicago
- Brokers: Adam Roth, Wilson Starr, Alex Sutterer & Patrick Clifford - NAI Hiffman
- Leases: 34,836-square-foot lease with Chicago Metal Fabricators for 36 months, 22,148-square-foot lease with Chicago Moonwalks Inc for 60 months, and a 6,198-square-foot garage lease with The Experts 1 HVAC Inc for 84 months
This lease transaction showcases the collaboration between AIC Industrial and multiple tenants, facilitated by broker representatives from Cawley Chicago for the landlord and NAI Hiffman for the tenants. The signed leases contribute to the occupancy of the industrial campus, with varying lease durations reflecting the diverse needs of the tenants.
Players
Chicago 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