Galaxy Prowin Acquires Industrial Property In Vernon Hills For $6.45M
SOLD
$6,450,000
Illinois
See Similar DealsIndustrial63,210 SF
Sold 08/09/2023
SOLD
Galaxy Prowin Acquires Industrial Property In Vernon Hills For $6.45M
450 Bunker Ct Vernon Hills, IL 60061, USA
See Similar DealsIndustrial63,210 SF
Sold 08/09/2023
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$102
Total Square Footage:63,210 SF
Transaction Type:Sale
An industrial property located at 450 Bunker Court in Vernon Hills, IL has been sold for a price of $6,450,000. The property spans an area of 63,210 square feet and was sold at a price per square foot of $102. The transaction took place on 08/09/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,450,000
- Address: 450 Bunker Court, Vernon Hills, IL
- Market: Vernon Hills, IL
The buyer, Galaxy Prowin, acquired the industrial property from the seller, Van Vlissingen. Whitney Wang from Prospect Equities Real Estate represented the buyer, while Nicholas Panarese from Van Vlissingen and Co. acted as the seller's representative in the deal.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$343,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,915.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,576.29
Annual Debt Service$366,915.49
Is there something missing? Send suggestions