SOLDOther
Jeff R. Rowlett & Matthew Gordon Of Marcus & Millichap Sell Bartlett, IL School For $7.1M
2220 Southwind Boulevard, Bartlett, IL 60103
$7,100,000
$355/SF
Building Size
20,000 SF
Asset Type
Other
Closing
Jan 4, 2022
AI
A school located at 2220 Southwind Blvd in Bartlett, IL has been sold for $7,100,000. The property spans 20,000 square feet, resulting in a price per square foot of $355. The sale transaction took place on January 4, 2022.
Summary of transaction details
- Property Type: School
- Transaction Amount: $7,100,000
- Address: 2220 Southwind Blvd, Bartlett, IL
- Market: Bartlett, IL
The sale of the school was facilitated by Jeff R. Rowlett and Matthew Gordon from Marcus & Millichap.
Players
Bartlett Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
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