Updated Oct 29, 2024
Acquires Industrial Property In Vernon Hills For $6.45M
450 Bunker Ct Vernon Hills, IL 60061, USA
$6,450,000
$102/SF
Building Size
63,210 SF
Asset Type
Industrial
Closing
Aug 9, 2023
About this deal
AI
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, , 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.
On the Map
$6,450,000
$102/SF
Industrial
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Players
Vernon Hills 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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93