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1500 Old Skokie Valley Road

Industrial Property Sold At 1500 Old Skokie Valley Road Highland Park For $4.1M
SOLDIndustrial

Industrial Property Sold At 1500 Old Skokie Valley Road Highland Park For $4.1M

1500 Old Skokie Valley Road

$4,100,000

$99/SF

Building Size

41,204 SF

Asset Type

Industrial

Closing

Nov 6, 2025

AI

The property asset involved in this transaction is an industrial building located at 1500 Old Skokie Valley Road in Highland Park. The sale was completed for a price of $4,100,000, encompassing a total square footage of 41,204, which translates to a price per square foot of $99.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $4,100,000
  • Address: 1500 Old Skokie Valley Road
  • Market: Highland Park
  • Square Footage: 41,204
  • Price per Square Foot: $99
  • Seller's Representative: Mike Levin & Gus Karigan - At Properties

The transaction was facilitated by Mike Levin and Gus Karigan, who represented the seller in this deal. Their agency, At Properties, played a crucial role in coordinating the sale and ensuring a successful transaction.

Players

Gus Karigan

At Properties Commercial

Broker

$8.2M

vol

2 deals

Broker
At Properties Commercial
At Properties CommercialBrokerage

Highland Park 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93