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4343 West Ohio Street

Plant One LLC Sells 168000 SF Industrial Property In Chicago's Northwest Industrial Park
SOLDIndustrial

Plant One LLC Sells 168000 SF Industrial Property In Chicago's Northwest Industrial Park

4343 West Ohio Street

Building Size

168,000 SF

Asset Type

Industrial

Closing

Apr 14, 2025

AI

This article discusses the sale of an industrial property located at 4343 West Ohio Street in Chicago's Northwest Industrial Park. The asset spans 168,000 square feet and is situated on a 7.8-acre lot. The features of the property include overhead cranes, rail access, and outdoor storage zoning.

Summary of transaction details:

The transaction was facilitated by Cawley Commercial Real Estate, which played a key role in brokering the sale. The property was sold by Plant One LLC to a buyer represented by Strauss Realty, highlighting the involvement of both brokerage teams in the deal.

Players

Adam Schneiderman

Broker

$7.6M

vol

6 deals

Broker
Strauss Realty
Strauss RealtyBrokerage

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93