Timothy McCahill Of Transport Properties Acquires Industrial Asset In Elk Grove Village For $15M
1445 Oakton Street
$15,000,000
$618/SF
Building Size
24,250 SF
Asset Type
Industrial
Closing
Jul 9, 2025
AI
The asset involved in this transaction is an industrial property located at 1445 Oakton Street in Elk Grove Village. The sale price was $15,000,000, and the property spans a total area of 24,250 square feet, resulting in a price per square foot of $618.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,000,000
- Address: 1445 Oakton Street
- Market: Elk Grove Village
- Square Footage: 24,250
- Price per Square Foot: $618
- Buyer: Timothy McCahill - Transport Properties
- Broker: Jason Shibata - JBS Commercial Real Estate
- Date of Transaction: 07/10/2025
Timothy McCahill represented the buyer's interests in this transaction. The deal was brokered by Jason Shibata from JBS Commercial Real Estate, who facilitated the transaction process for both parties involved.
Players
Elk Grove Village 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93