SVN Commercial Brokers Paul Cawthon & Angelo Labriola Facilitate $7.1M Sale Of Industrial Asset In Willowbrook
SOLD
$7,100,000
Illinois
See Similar DealsIndustrial142,000 SF
Sold 01/06/2021
SOLD
SVN Commercial Brokers Paul Cawthon & Angelo Labriola Facilitate $7.1M Sale Of Industrial Asset In Willowbrook
7409 South Quincy Street, Willowbrook, IL, USA
See Similar DealsIndustrial142,000 SF
Sold 01/06/2021
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$50
Total Square Footage:142,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$378,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,224.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,657.62
Annual Debt Service$403,891.47
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