Adelphia Properties Acquires Industrial Property In Lombard, IL For $600K
SOLD
$600,000
Illinois
See Similar DealsIndustrial6,000 SF
Sold 02/24/2022
SOLD
Adelphia Properties Acquires Industrial Property In Lombard, IL For $600K
710 Western Avenue, Lombard, Illinois 60148, United States
See Similar DealsIndustrial6,000 SF
Sold 02/24/2022
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$100
Total Square Footage:6,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$31,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,131.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,844.31
Annual Debt Service$34,131.67
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