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7409 South Quincy Street, W...

SVN Commercial Brokers Paul Cawthon & Angelo Labriola Facilitate $7.1M Sale Of Industrial Asset In Willowbrook
SOLDIndustrial

SVN Commercial Brokers Paul Cawthon & Angelo Labriola Facilitate $7.1M Sale Of Industrial Asset In Willowbrook

7409 South Quincy Street, Willowbrook, IL, USA

$7,100,000

$50/SF

Building Size

142,000 SF

Asset Type

Industrial

Closing

Jan 5, 2021

AI

Located at 7409 S. Quincy Street in Willowbrook, this industrial property was recently sold for a price of $7,100,000. The property spans over 142,000 square feet, resulting in a price per square foot of $50. The transaction took place on January 6, 2021.

Summary of Transaction Details:

  • Property Type: Industrial
  • Transaction Amount: $7,100,000
  • Address: 7409 S. Quincy Street, Willowbrook
  • Market: Willowbrook
  • Brokers: Paul Cawthon & Angelo Labriola - SVN Commercial

Representing the seller and the buyer in this transaction were Paul Cawthon and Angelo Labriola from SVN Commercial. They played a crucial role in facilitating the deal between the parties involved.

Players

Paul Cawthon

SVN

Broker

$28.5M

vol

12 deals

Broker

Willowbrook 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

2.23%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93