Updated Oct 15, 2026
Barry Missner Of The Missner Group Acquires Industrial Site In Chicago For Schneider National
3106 South Homan Avenue
Building Size
—
Asset Type
Industrial
Closing
Oct 14, 2026
About this deal
AI
The Missner Group acquired a 2.87-acre industrial outdoor storage site located at 3106 South Homan Avenue in Chicago, IL. This property is fully leased to Schneider National for fleet operations and includes a 16,000-square-foot truck maintenance building along with a paved truck and trailer parking yard, conveniently positioned near I-55 and downtown Chicago.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3106 South Homan Avenue, Chicago, IL
- Market: Chicago, IL
- Acres: 2.87
- Buyer: Barry Missner
- Buyer’s Agency: The Missner Group
- Lease Tenant: Schneider National
Barry Missner represents The Missner Group in this transaction, facilitating the acquisition of the industrial site leased for fleet operations, further supporting the logistics needs of Schneider National.
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Industrial
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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