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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1385 Joliet Road
- Market: Romeoville, IL
- Asset Size: 27,500 square feet
- Buyer: MW Express
- Brokers: Matt Garland, Andrew Maletich & Houston Brooke - Cawley Chicago; Jandra Zitkevicius - Brick-by-Brick Realty
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
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