Updated Oct 28, 2024
Trammell Crow Acquires Industrial Property In Chicago For $23.4M
1150 West Carroll Avenue, Chicago, Illinois 60612, United States
$23,400,000
Building Size
—
Asset Type
Industrial
Closing
Aug 14, 2022
About this deal
AI
A industrial property located at 1150 West Carroll Ave in Chicago has been sold for a price of $23,400,000. The transaction took place on 08/15/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $23,400,000
- Address: 1150 West Carroll Ave
- Market: Chicago
The buyer in this transaction is Trammell Crow, represented by Mike Lafitte. The seller is Shapack Partners.
Please note that no additional information is available at this time.
The industrial sale at 1150 West Carroll Avenue, Chicago, Illinois 60612, United States in Chicago, Illinois sold for $23.4M in 2022. 1150 West Carroll Avenue, Chicago, Illinois 60612, United States is classified as Industrial on Traded. Named participants on the 1150 West Carroll Avenue, Chicago, Illinois 60612, United States sale are Mike Lafitte. This page is the Chicago, Illinois file for the 1150 West Carroll Avenue, Chicago, Illinois 60612, United States industrial sold: 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 sold near 1150 West Carroll Avenue, Chicago, Illinois 60612, United States around 2022. Published consideration for 1150 West Carroll Avenue, Chicago, Illinois 60612, United States is $23.4M, dated 2022. Cite this Trammell Crow Acquires Industrial Property In Chicago For $23.4M sale when underwriting similar industrial product around Chicago, Illinois.
Players
Chicago Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93