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24727 W Fraser Rd.
Plainfield, IL 60585
Asking Price
$4.78M
Asset Type
Special-purpose
Class
Class B
What's Special
24727 W Fraser Rd., Plainfield, IL 60585 <ul><li>37,922 SF Operational Banquet Hall</li><li>Covered drive-under canopy</li><li>Large foyer</li><li>Reception room and a private office adjacent to the foyer</li><li>Commercial kitchen in the center of the building with several partitioned storage rooms, walk-in refrigeration, a small office and two employee washrooms</li><li>Four banquet rooms in the rear of building - each has a separate bar (Max capacity 1,200)</li><li>Ceiling Height 14'</li><li>Two smaller meeting rooms on main
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NOI
$80,000
Cap Rate
1.68%
DSCR
0.28
Underwater
Cash-on-Cash
-14.21%
Monthly Payment
$23,624.095
Annual Cash Flow
$-203,489.136