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1150 West Carroll Avenue, C...

Trammell Crow Acquires Industrial Property In Chicago For $23.4M
SOLDIndustrial

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

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.

Players

Mike Lafitte

Trammell Crow

Buyer

$100.4M

vol

2 deals

Buyer
SP
Shapack PartnersSeller

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