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43 West 44th Street, Chicag...

Updated Oct 29, 2024

Talos Capital Acquires Industrial Properties In Chicago For $5.7M
SOLDIndustrial

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

About this deal

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.

On the Map

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$5,718,125

Industrial

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Players

John McDermott

Broker

$17.8M

vol

4 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
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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

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