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999 Raymond Street

Brennan Investment Group Sells 95,179 Square Foot Industrial Facility In Elgin Illinois
SOLDIndustrial

Brennan Investment Group Sells 95,179 Square Foot Industrial Facility In Elgin Illinois

999 Raymond Street

Building Size

95,179 SF

Asset Type

Industrial

Closing

Jul 23, 2026

AI

A 95,179-square-foot industrial facility located at 999 Raymond Street in Elgin, Illinois, has been sold. The transaction was between Brennan Investment Group as the seller and a local parts distributor as the buyer. The property will undergo renovations to the office and warehouse areas following the sale.

Summary of transaction details:

Entre Commercial Realty represented the seller during this transaction, while XR Realty was the representative for the buyer. The sale was brokered successfully with both parties engaged in the deal.

Players

Michael DeSerto

Entre Commercial Realty

Broker

$4.1M

vol

10 deals

Broker
XR Realty
XR Realty Brokerage

Michael Brennan

Brennan Investment Group

Seller

$744.1M

vol

16 deals

Seller

Elgin 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