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John Joyce Represents Sale Of Industrial Property In Rolling Meadows For $3M

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SOLD
$3,000,000

Illinois

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Industrial66,000 SF
Sold 06/08/2022
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Property Image
SOLD

John Joyce Represents Sale Of Industrial Property In Rolling Meadows For $3M

1125 Carnegie Street, Rolling Meadows, Illinois 60008, United States

See Similar Deals
Industrial66,000 SF
Sold 06/08/2022
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$45
Total Square Footage:66,000 SF
Transaction Type:Sale

The industrial property located at 1125 Carnegie St in Rolling Meadows has been sold for $3,000,000. The transaction took place on June 8, 2022, with a total square footage of 66,000. The property was sold at a price per square foot of $45.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Date: 06/08/2022
  • Address: 1125 Carnegie St
  • Market: Rolling Meadows

The sale was facilitated by broker John Joyce from SVN Chicago.

Players

John Joyce
4 deals$5.3M volume
BROKER

Details

SOLD
IMAGE: John Joyce DATE: 06/08/2022 ADDRESS: 1125 Carnegie St MARKET: Rolling Meadows ASSET TYPE: Industrial BROKER: John Joyce - SVN Chicago SALE PRICE: $3,000,000 SF: 66,000 ~ PPSF: $45

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37