Updated Dec 4, 2024
Bridge Industrial Acquires Industrial Property In Melrose Park For $22.6M
2100 N 15th Ave, Melrose Park, Illinois 60160, United States
$22,600,000
Building Size
—
Asset Type
Industrial
Closing
Sep 6, 2022
About this deal
AI
The industrial property located at 2100 North 15th Avenue in Melrose Park has been sold in a closed transaction. The property spans approximately 12 acres. The sale took place on September 7, 2022, with a total sale price of $22,600,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $22,600,000
- Address: 2100 North 15th Avenue
- Market: Melrose Park
- Acres: 12
The buyer of the property is Bridge Industrial, represented by Cory Welper. The deal was facilitated by brokers Matthew Stauber, Thomas Rodeno, and Patrick Turner from Colliers.
On the Map
$22,600,000
Industrial
View full map
Players
Melrose Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Illinois industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93