Chad M. Firsel Sells Flossmoor Office Building For $4M
SOLD
$4,000,000
Illinois
See Similar DealsOffice9,426 SF
Sold
SOLD
Chad M. Firsel Sells Flossmoor Office Building For $4M
19615 Governors Highway, Flossmoor, IL, USA
See Similar DealsOffice9,426 SF
Sold
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$424
Total Square Footage:9,426 SF
Transaction Type:Sale
An office property located at 19615 Governors Highway in Flossmoor has been sold for $4,000,000. The property spans 9,426 square feet, resulting in a price per square foot of $424.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,000,000
- Square Footage: 9,426
- Price Per Square Foot: $424
- Address: 19615 Governors Highway, Flossmoor
- Market: Flossmoor
The sale was facilitated by Chad M. Firsel from Quantum Real Estate Advisors, Inc.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
Is there something missing? Send suggestions