Updated Oct 29, 2024
FCA Acquires Property From FSC Investments In Melrose Park For $710,000
2045 Janice Ave, Melrose Park, IL, 601...
$710,000
$35/SF
Building Size
20,000 SF
Asset Type
Industrial
Closing
Mar 21, 2017
About this deal
AI
A 20,000 square foot building located at 2045 Janice Ave in Melrose Park was sold for $710,000. The property is situated in the Melrose Park market and was previously owned by FSC Investments.
Summary of transaction details:
- Property Type: Building
- Transaction Amount: $710,000.00
- Address: 2045 Janice Ave, Melrose Park, IL, 601...
- Market: Melrose Park
- Seller: FSC Investments
- Buyer: DG Roofing Solutions
- Seller's Representative: Jeffrey Provenza
- Buyer's Representative: Trinity Scurto - Brown Commercial Group
The transaction involved Jeffrey Provenza representing the seller, FSC Investments, while Trinity Scurto from Brown Commercial Group represented the buyer, DG Roofing Solutions.
On the Map
$710,000
$35/SF
Industrial
View full map
Players
Melrose Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeffrey Provenza to view all their deals.
Browse Illinois industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.34%
Cash-on-Cash
-6.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93