HP Ventures Group Acquires Mixed-Use Property In Highwood, IL For $11.29M
246 Green Bay Rd, Highwood, IL, USA
$11,290,000
$1/SF
Building Size
7,461,186 SF
Asset Type
Mixed-use
Closing
Sep 29, 2021
About this deal
AI
The mixed-use property located at 246 Green Bay Rd. in Highwood, Illinois has been sold for a total price of $11,290,000. The transaction took place on September 29, 2021. The property comprises 33 units, resulting in a price per unit of approximately $342,121.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $11,290,000
- Address: 246 Green Bay Rd., Highwood, IL
- Market: Highwood, IL
The buyer of the property is HP Ventures Group, while the seller is Benchmark Developers. The deal was facilitated by Craig Martin from Interra Realty.
On the Map
$11,290,000
$1/SF
Mixed-use
View full map
Players
Highwood Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Craig Martin to view all their deals.
Browse Illinois mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.41%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93