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
About this deal
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.
The other sale at 2220 Southwind Boulevard, Bartlett, IL 60103 in Bartlett, Illinois sold for $7.1M in 2022. The building is 20,000 square feet, implying about 355 per square foot on the published price. Matthew Gordon, Jeff R. Rowlett, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Bartlett, Illinois file for the 2220 Southwind Boulevard, Bartlett, IL 60103 other sold: pricing, party profiles, and other closed other comps from the same Bartlett sit in the Market section below. Filter that Bartlett other set by closing date to see what else sold near 2220 Southwind Boulevard, Bartlett, IL 60103 around 2022. Published consideration for 2220 Southwind Boulevard, Bartlett, IL 60103 is $7.1M, dated 2022. Cite this Jeff R. Rowlett & Matthew Gordon Of Marcus & Millichap Sell Bartlett, IL School For $7.1M sale when underwriting similar other product around Bartlett, Illinois.
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Bartlett Other Market Snapshot
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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