Portokali Investments LLC Purchases 933 Tower Road Industrial Property In Mundelein, IL
933 Tower Road
Building Size
48,005 SF
Asset Type
Industrial
Closing
May 27, 2025
AI
The transaction involved the sale of an industrial asset located at 933 Tower Road in Mundelein, IL, encompassing a total area of 48,005 square feet. The property was previously utilized by a printing company and has changed ownership as part of this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Asset Size: 48,005 SF
- Address: 933 Tower Road
- Market: Mundelein
- Buyer: Portokali Investments LLC
- Buyer's Representative: Dan Prendergast & George Cibula - DarwinPW Realty/CORFAC International
- Seller's Representative: Collin Tyrrell & Dan Brown - Brown Commercial Group
This transaction was facilitated by DarwinPW Realty/CORFAC International, with the buyer, Portokali Investments LLC, acquiring the property, while the seller was represented by Brown Commercial Group. The brokerage teams played a crucial role in the completion of this closed deal.
Players
Mundelein 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93