Trammell Crow Acquires Industrial Property In Chicago For $23.4M
SOLD
$23,400,000
Illinois
See Similar DealsIndustrial
Sold 08/15/2022
SOLD
Trammell Crow Acquires Industrial Property In Chicago For $23.4M
1150 West Carroll Avenue, Chicago, Illinois 60612, United States
See Similar DealsIndustrial
Sold 08/15/2022
Summary
ILLINOIS
Asset Type:Industrial
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,248,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$83,135.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$110,927.94
Annual Debt Service$1,331,135.26
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