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1385 Joliet Road

MW Express Purchases 27,500 Square Foot Industrial Facility In Romeoville From KAB Properties
SOLDIndustrial

MW Express Purchases 27,500 Square Foot Industrial Facility In Romeoville From KAB Properties

1385 Joliet Road

Building Size

27,500 SF

Asset Type

Industrial

Closing

Jun 25, 2026

AI

The asset involved in this transaction is a newly constructed maintenance facility located at 1385 Joliet Road in Romeoville, Illinois. The industrial property encompasses a total square footage of 27,500, which is divided into 19,950 square feet of warehouse space and 7,550 square feet of office space. The facility was completed in the fourth quarter of 2025, specifically designed to support MW Express's expansion in the Chicago market.

Summary of transaction details:

Cawley Commercial Real Estate facilitated the sale from KAB Properties to MW Express. The transaction highlights the collaborative effort of the brokerage team, which includes Matt Garland, Andrew Maletich, and Houston Brooke from Cawley Chicago, alongside Jandra Zitkevicius from Brick-by-Brick Realty, showcasing their roles in the successful completion of this deal.

Players

Andrew Maletich

Cawley Chicago

Broker

8 deals

Broker
ME
MW ExpressBuyer

Joliet Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93