Baum Revision Acquires Industrial Property In Garfield Park For $1.025M
3333 W Lake St, Garfield Park, Chicago, IL, USA
$1,025,000
$20/SF
Building Size
49,200 SF
Asset Type
Industrial
Closing
Mar 17, 2021
AI
The industrial property located at 3333 W Lake St in Garfield Park has been sold in a transaction dated 03/18/2021. The property spans across an area of 49,200 square feet and was sold at a price of $1,025,000, resulting in a price per square foot of $20. The seller of the property was AT&T, while Baum Revision acted as the buyer.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,025,000
- Address: 3333 W Lake St, Garfield Park
- Market: Garfield Park
Representing the buyer, Baum Revision acquired the property from AT&T. The transaction was facilitated by brokers Tyler Dechter from @tylerdechtercre and Ari Topper from @aritoppercre.
Players
Chicago Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93