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2375 Estes Avenue

Excel Restoration Acquires 42780 Square Foot Industrial Building In Elk Grove Village
SOLDIndustrial

Excel Restoration Acquires 42780 Square Foot Industrial Building In Elk Grove Village

2375 Estes Avenue

Building Size

42,780 SF

Asset Type

Industrial

Closing

Nov 10, 2025

AI

The property involved in this transaction is a 42,780-square-foot industrial building located at 2375 Estes Avenue in Elk Grove Village. The asset is now the new headquarters for Excel Restoration.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2375 Estes Avenue
  • Market: Elk Grove Village
  • Buyer: Excel Restoration
  • Brokers: Cory Kay, Michael (Mike) DeSerto, Elisabeth Lazzara & Kevin Kaplan - Entre Commercial Realty

Cory Kay, Mike DeSerto, and Elisabeth Lazzara represented the seller in this transaction, while Kevin Kaplan acted on behalf of the buyer. This deal marks a significant move for Excel Restoration as they establish their new operational base.

Players

Michael DeSerto

Entre Commercial Realty

Broker

$4.1M

vol

10 deals

Broker
Entre Commercial Realty
Entre Commercial RealtyBrokerage

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93