facebook
Traded Co logo
Submit

Robert Sekula & Eric Turrin Of North Park Ventures Acquire Industrial Asset From GW Properties For $16.95M

Property Image
SOLD
$16,950,000

Illinois

See Similar Deals
Industrial130,000 SF
Sold 12/31/2025
the dealplayerscompscontact
Property Image
SOLD

Robert Sekula & Eric Turrin Of North Park Ventures Acquire Industrial Asset From GW Properties For $16.95M

3800 North Milwaukee Avenue

See Similar Deals
Industrial130,000 SF
Sold 12/31/2025
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$130
Total Square Footage:130,000 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial facility located at 3800 North Milwaukee Avenue in Chicago. It was sold for $16,950,000 and has a total square footage of 130,000, translating to a price per square foot of $130.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,950,000
  • Address: 3800 North Milwaukee Avenue
  • Market: Chicago
  • Square Footage: 130,000
  • Price per Square Foot: $130
  • Buyer: Robert Sekula & Eric Turrin - North Park Ventures
  • Seller: GW Properties
  • Seller's Representative: Danny Spitz - Greenstone Partners

Key individuals involved in this transaction include the buyers, Robert Sekula and Eric Turrin, who represent North Park Ventures. The seller is GW Properties, with Danny Spitz acting as the representative from Greenstone Partners for the seller.

Players

Danny Spitz
Greenstone Partners
Danny Spitz
24 deals$215M volume
BROKER
Greenstone Partners
Greenstone Partners
BROKERAGE
NV
North Park Ventures
BUYER
NV
North Park Ventures
BUYER
GP
GW Properties
SELLER

Details

SOLD
IMAGE: Robert Sekula & Eric Turrin DATE: 12/31/2025 ADDRESS: 3800 North Milwaukee Avenue MARKET: Chicago ASSET TYPE: Industrial BUYER: Robert Sekula & Eric Turrin - North Park Ventures (@NorthParkVentures) SELLER: GW Properties SELLER'S REP: Danny Spitz - Greenstone Partners (@GreenstonePartners) SALE PRICE: $16,950,000 SF: 130,000 ~ PPSF: $130

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$904,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$60,219.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$80,351.65
Annual Debt Service$964,219.77