Updated Jun 3, 2026
Always Underground Inc. Secures 4,200 Square Feet Industrial Lease In West Chicago With Brokers Luke Dummitt & Adam Fortino
4n351 Powis Road
Building Size
4,200 SF
Asset Type
Industrial
Closing
Jun 2, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 4N351 Powis Road in West Chicago, IL. It encompasses a total square footage of 4,200 dedicated to outdoor storage space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Always Underground Inc.
- Landlord's Representative: Adam Fortino - KW Commercial
- Tenant's Representative: Luke Dummitt - Brown Commercial Group
This lease was facilitated through the efforts of Adam Fortino representing the landlord and Luke Dummitt representing the tenant. The demand for fenced yard and outdoor storage industrial space continues to influence leasing activity in the West Chicago area, underlining the significance of such transactions in the current market.
On the Map
Industrial
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Posey 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