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825 Touhy Avenue, Elk Grove...

Sawmill Property Co Acquires Industrial Assets In Elk Grove Village For $2.3M
SOLDIndustrial

Sawmill Property Co Acquires Industrial Assets In Elk Grove Village For $2.3M

825 Touhy Avenue, Elk Grove Village, IL, USA

$2,300,000

Building Size

Asset Type

Industrial

Closing

Jul 13, 2021

AI

A industrial property located at 825 Touhy Ave., 855 Touhy Ave. & 875 Touhy Ave in Elk Grove Village, Il has been sold for a total price of $2,300,000. The property is part of the industrial market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,300,000
  • Address: 825 Touhy Ave., 855 Touhy Ave. & 875 Touhy Ave, Elk Grove Village, Il
  • Market: Elk Grove Village, Il
  • Buyer: Sawmill Property Co
  • Buyer's Representative: John Joyce & Danny Vanecko - SVN Chicago Industrial
  • Seller's Representative: Mason Hezne - Brown Commercial Group

John Joyce and Danny Vanecko from SVN Chicago Industrial represented the buyer, Sawmill Property Co, in the transaction.

Players

Mason Hezner

Brown Commercial Group

Broker

$5.7M

vol

17 deals

Broker

Elk Grove Village 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93