Unknown Purchases Property At 100 Devon Ave Bensenville For $5 Million With Jay Farnam As Seller's Representative
100 Devon Ave, Bensenville, IL, 60106
$5,000,000
$67/SF
Building Size
73,594 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in the transaction is located at 100 Devon Ave, Bensenville, IL, 60106. It is situated within the Bensenville market and encompasses a total square footage of 73,594. The sale price for the property was set at $5,000,000.00.
Summary of transaction details:
- Property Type: Closed transaction
- Transaction Amount: $5,000,000.00
- Address: 100 Devon Ave, Bensenville, IL, 60106
- Market: Bensenville
- Square Footage: 73,594
- Seller's Representative: Jay Farnam - Lee & Associates
- Buyer: Unknown
The key individuals involved in the transaction include Jay Farnam, who represented the seller in the deal through Lee & Associates. The buyer's identity remains undisclosed.
On the Map
$5,000,000
$67/SF
Retail
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Players
Bensenville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93