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1225 Carnegie Street, Rolli...

Marcus & Millichap Facilitates $1.56M Sale Of Industrial Property In Rolling Meadows, IL
SOLDIndustrial

Marcus & Millichap Facilitates $1.56M Sale Of Industrial Property In Rolling Meadows, IL

1225 Carnegie Street, Rolling Meadows, Illinois 60008, United States

$1,560,000

$60/SF

Building Size

25,800 SF

Asset Type

Industrial

Closing

Oct 19, 2022

AI

An industrial property located at 1225 Carnegie Street in Rolling Meadows, IL has been sold in a transaction facilitated by Peter Doughty and Neil T. Bresnahan of Marcus & Millichap. The sale took place on October 20, 2022, with an agreed sale price of $1,560,000. The property spans 25,800 square feet, resulting in a price per square foot of $60.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,560,000
  • Address: 1225 Carnegie Street, Rolling Meadows, IL
  • Market: Rolling Meadows, IL

Peter Doughty and Neil T. Bresnahan, both of Marcus & Millichap, served as the brokers in this transaction.

Players

Peter Doughty

Marcus & Millichap

Broker

$82.8M

vol

17 deals

Broker

Rolling Meadows 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

10.17%

Cash-on-Cash

-2.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93