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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 4343 West Ohio Street
- Market: Chicago
- Seller: Plant One LLC
- Buyer’s Representative: Adam Schneiderman & Dale Strauss - Strauss Realty
- Seller’s Representatives: Frank Melchert & Stevan Arandjelovic - Cawley Chicago
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
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