Updated Dec 21, 2023
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
About this deal
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.
On the Map
$1,560,000
$60/SF
Industrial
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Players
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