Marcus & Millichap Facilitates $3M Office Sale In Plainfield's Renwick Road
23909 W Renwick Rd, Plainfield, Illinois 60586, United States
$3,000,000
$150,000/SF
Building Size
20 SF
Asset Type
Office
Closing
Apr 17, 2023
AI
Located at 23909 W. Renwick Rd in Plainfield, this office property was recently sold for $3,000,000. The transaction took place on January 25, 2023. The property spans a total area of 20,281 square feet with a price per square foot of $148. Tammy A. Saia and Tami Andrew from Marcus & Millichap represented the buyers and sellers in this deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,000,000
- Address: 23909 W. Renwick Rd, Plainfield
- Market: Plainfield
Tammy A. Saia and Tami Andrew of Marcus & Millichap played key roles as the brokers representing the parties involved in this office property sale. Their expertise effectively facilitated the transaction, ensuring a successful outcome for all parties.
Players
Plainfield Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93