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
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