Updated Jan 30, 2024
Adelphia Properties Acquires Industrial Property In Lombard, IL For $600K
710 Western Avenue, Lombard, Illinois 60148, United States
$600,000
$100/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Feb 23, 2022
About this deal
AI
An industrial property located at 710 E Western Ave in Lombard, IL has been sold for $600,000. The property spans 6,000 square feet, resulting in a price per square foot of $100.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $600,000
- Address: 710 E Western Ave, Lombard, IL
- Market: Lombard, IL
The buyers' representatives in this deal were George Spirrison and Simeon Spirrison from Adelphia Properties.
The industrial sale at 710 Western Avenue, Lombard, Illinois 60148, United States in Lombard, Illinois sold for $600K in 2022. The building is 6,000 square feet, implying about 100 per square foot on the published price. Named participants on the 710 Western Avenue, Lombard, Illinois 60148, United States sale are Simeon Spirrison, George Spirrison. This page is the Lombard, Illinois file for the 710 Western Avenue, Lombard, Illinois 60148, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Lombard sit in the Market section below. Filter that Lombard industrial set by closing date to see what else sold near 710 Western Avenue, Lombard, Illinois 60148, United States around 2022. Published consideration for 710 Western Avenue, Lombard, Illinois 60148, United States is $600K, dated 2022. Cite this Adelphia Properties Acquires Industrial Property In Lombard, IL For $600K sale when underwriting similar industrial product around Lombard, Illinois.
Players
Lombard 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
26.44%
Cash-on-Cash
-7.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93