Talos Capital Acquires Industrial Properties In Chicago For $5.7M
43 West 44th Street, Chicago, IL 60609
$5,718,125
Building Size
—
Asset Type
Industrial
Closing
Oct 22, 2020
AI
Talos Capital has acquired two industrial properties in Chicago. The properties, located at 3843 West 43rd Street and 3800 West 44th Street, were sold for a total price of $5,718,125. The deal was finalized on October 23, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,718,125
- Market: Chicago
The buyer, Talos Capital, enlisted the services of Colin Green from Cushman & Wakefield as their representative in the transaction. The seller's representatives were Beverly Hayes and John McDermott from SVN.
Players
Chicago 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
2.77%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93