Industrial Property In Crestwood Sold For $1.275M By Mark Heidecke & John Przybyla, Horvath & Tremblay
4621 136th Street, Crestwood, Illinois 60418, United States
$1,275,000
$42/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
May 19, 2022
AI
John Przybyla and Mark Heidecke have recently closed a property transaction in Crestwood. The industrial property is located at 4621 W. 136th St and spans 30,000 square feet. The transaction took place on May 20, 2022, with a sale price of $1,275,000, resulting in a price per square foot of $43. The property achieved a cap rate of 6.72%.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,275,000
Mark Heidecke and John Przybyla, representing Horvath & Tremblay, played integral roles as brokers in this transaction. Their expertise facilitated the successful completion of the deal.
Players
Crestwood 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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93