Updated Aug 27, 2026
Jim McGill Of Stotan Industrial And Joshua Weiner Acquire Industrial Facility In Itasca For $6.8M
1101 West Thorndale Avenue
Building Size
32,937 SF
Asset Type
Industrial
Closing
Aug 26, 2026
About this deal
AI
The industrial facility located at 1101 West Thorndale Avenue in Itasca, Illinois, features a total square footage of 32,937 and spans across 2.47 acres. The property is positioned within the supply-constrained O’Hare submarket.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1101 West Thorndale Avenue, Itasca, IL
- Square Footage: 32,937
- Acres: 2.47
- Buyer: Jim McGill - Stotan Industrial; Joshua Weiner - 56 Maple
- Brokers: Eric Fischer & Gabriel Strauss - Cushman & Wakefield
Stotan Industrial, in collaboration with 56 Maple, acquired the property as an owner-user prepared to exit. The deal was sourced through Stotan's connections within the Chicago industrial sector, while the representation for the seller was managed by Cushman & Wakefield's Eric Fischer and Gabriel Strauss.
Players
Chaptico Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Chaptico industrial sales 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