facebook
Traded Co logo
Submit

Barry Missner Purchases Industrial Property From Gary Shakin In Morton Grove For $2.9M

Property Image
SOLD
$2,900,000

Illinois

See Similar Deals
Industrial31,000 SF
Sold 12/02/2025
the dealplayerscompscontact
Property Image
SOLD

Barry Missner Purchases Industrial Property From Gary Shakin In Morton Grove For $2.9M

8130 River Drive

See Similar Deals
Industrial31,000 SF
Sold 12/02/2025
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$93
Total Square Footage:31,000 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 8130 River Drive in Morton Grove. It was sold for $2,900,000, covering a total area of 31,000 square feet, resulting in a price per square foot of $93.

Summary of transaction details:

The key individuals in this deal include the buyer, Barry Missner, and the seller, Gary Shakin, both of whom played significant roles in the successful completion of this transaction. The brokerage team of Paul Proano and Jackie Kissinger represented the seller in this deal, providing their expertise to facilitate the transaction.

Players

Paul Proano
4 deals$14.2M volume(312) 860-4043
BROKER

Jackie Kissinger
Coldwell Banker
1 deal$2.9M volume(847) 361-9459
BROKER

Coldwell Banker
BROKERAGE

Details

SOLD
IMAGE: Paul Proano & Jackie Kissinger DATE: 12/02/2025 ADDRESS: 8130 River Drive MARKET: Morton Grove ASSET TYPE: Industrial BUYER: Barry Missner SELLER: Gary Shakin BROKERS: Paul Proano (@Proano_Commercial_Group) & Jackie Kissinger (@Jackiekhomes) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $2,900,000 SF: 31,000 ~ PPSF: $93 NOTE FROM BROKER: If you’re looking for trusted commercial real estate advisory, I’m here to help. Whether you need assistance buying, selling, leasing, or evaluating investment opportunities, feel free to reach out anytime. Paul Proano Proano Commercial Group 📍 6400 N Northwest Hwy, Chicago, IL 60631 📱 Mobile: (312) 860-4043 📧 [email protected] 🌐 proanocommercialgroup.com

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$154,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75