TITLE:
30k SF Industrial Near O'Hare
CONTROL:
Exclusive
VALUE:
$3,900,000
LOAN:
$400,000
EQUITY:
$3,500,000
TYPE:
Industrial
HAVE:
Leased Industrial building on north side of Chicago. Brand new listing.
ADDRESS:
6040 Oakton, morton grove, Illinois
BENEFITS TO NEW OWNER:
Leased with multiple tenants
Numbers can be improved with ending leases securing one tenant
Low industrial vacancy
GROSS SCHEDULED INCOME:
$300,000 Projected
VACANCY LOSS:
$1
GROSS EFFECTIVE INCOME:
$299,999
EXPENSES:
$1
NOI:
$299,998
DEBT SERVICE:
$28,000
CASH FLOW:
$271,998
CAP RATE:
7.69%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$400,000
$2,400
6%
01/28/2028
No
REMARKS:
Just listed and waiting for financials. Owner says $340k NOI but self managed so I took out management for $300k NOI.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999
Email info@theresamueller.com
