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28375 Davis Parkway, Warren...

Updated Dec 19, 2023

28381 Davis Parkway Office Building In Warrenville, IL Sells For $3.125M
SOLDOffice

28381 Davis Parkway Office Building In Warrenville, IL Sells For $3.125M

28375 Davis Parkway, Warrenville, IL 60555

$3,125,000

$302/SF

Building Size

10,323 SF

Asset Type

Office

Closing

Jun 21, 2020

About this deal

AI

Located at 28381 Davis Parkway in Warrenville, IL, this office property was recently sold in a closed transaction. The sale took place on June 21, 2021, and the property was purchased for a price of $3,125,000. The office spans across 10,323 square feet, resulting in a price per square foot of $303.

Summary of transaction details

  • Property Type: Office
  • Sale Price: $3,125,000
  • Address: 28381 Davis Parkway, Warrenville, IL
  • Market: Warrenville, IL
  • Square Footage: 10,323
  • Price per Square Foot: $303

The deal was facilitated by a team of brokers including Paul Waterloo, Patrick Kennelly, Colin O'Malley, and Michael Duckler. They represented the parties involved in the transaction and ensured a successful closing.

Players

Michael Duckler

Interra Realty

Broker

$89.5M

vol

24 deals

Broker

Warrenville Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $302 per square foot on a published $3.1M for 10,323 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.08%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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