Updated Dec 19, 2023
Brown Commercial Group Acquires Industrial Property In Elgin, IL For $3.25M
1700 Todd Farm Drive, Elgin, Illinois 60123, United States
$3,250,000
$85/SF
Building Size
38,128 SF
Asset Type
Industrial
Closing
Jan 12, 2022
About this deal
AI
An industrial property located at 1700-1730 Todd Farm Drive in Elgin, IL, has been sold for a price of $3,250,000. The property spans over 38,128 square feet, resulting in a price per square foot of $38,128.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,250,000
- Address: 1700-1730 Todd Farm Drive, Elgin, IL
- Market: Elgin, IL
The sale of this industrial property was facilitated by Dan Brown from Brown Commercial Group. He represented the seller or landlord in this transaction.
On the Map
$3,250,000
$85/SF
Industrial
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Players
Elgin 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93