SOLDOffice
Adam Fortino - Marcus & Millichap Sells Plainfield Office For $1.8M
24020 West Riverwalk Court, Plainfield, IL, USA
$1,855,306
$282/SF
Building Size
6,558 SF
Asset Type
Office
Closing
Nov 1, 2020
AI
A closed property sale transaction took place in Plainfield with an office building located at 24020 West Riverwalk Court. The property spans 6,558 square feet and was sold for a price of $1,855,306, resulting in a price per square foot of $283.
Summary of transation details
- Property Type: Office
- Transaction Amount: $1,855,306
- Address: 24020 West Riverwalk Court
- Market: Plainfield
Adam Fortino from Marcus & Millichap played a role as the broker in this transaction.
Players
Plainfield Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.55%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93