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Marcus & Millichap Capital Corporation Secures $4.1 Million Refinance For Retail Center In Romeoville

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FINANCED
$4,100,000

Illinois

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Retail29,891 SF
Financed 07/23/2025
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Property Image
FINANCED

Marcus & Millichap Capital Corporation Secures $4.1 Million Refinance For Retail Center In Romeoville

444 Weber Road

See Similar Deals
Retail29,891 SF
Financed 07/23/2025
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$137
Total Square Footage:29,891 SF
Transaction Type:Loan

A refinancing transaction was secured for a 29,891 square foot retail center located at 444 North Weber Road in Romeoville, IL. The transaction involved a loan amount of $4,100,000 with a three-year term that includes interest-only payments for the first year and a 25-year amortization schedule.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,100,000
  • Loan Type: Refinance
  • Loan Terms: Three-year, interest only with a 25-year amortization schedule
  • Address: 444 North Weber Road, Romeoville, IL
  • Broker: Dean Giannakopoulos - Marcus & Millichap Capital Corporation

Marcus & Millichap Capital Corporation, represented by Dean Giannakopoulos, facilitated the refinancing on behalf of a private client. The arrangement was intended to enhance cash flow in anticipation of an upcoming maturing loan.

Players

Dean Giannakopoulos
Marcus & Millichap
Dean Giannakopoulos
13 deals$96.3M volume
BROKER
Marcus & Millichap
Marcus & Millichap
BROKERAGE

Details

FINANCED
IMAGE: Dean Giannakopoulos DATE: 07/23/2025 ADDRESS: 444 North Weber Road MARKET: Romeoville ASSET TYPE: Retail ~ SF: 29,891 BROKER: Dean Giannakopoulos - Marcus & Millichap Capital Corporation (@MMCapCorp) LOAN AMOUNT: $4,100,000 LOAN TYPE: Refinance LOAN TERMS: three-year, interest only and a 25-year amortization schedule NOTE: Marcus & Millichap Capital Corporation secured $4.1 million in refinancing for Carillon Court, a 29,891 SF retail center in Romeoville, IL, on behalf of a private client. The three-year loan includes one year of interest-only payments and aims to boost cash flow ahead of a maturing loan.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,100,000.00

Monthly NOI$27,333.33
Monthly Debt Service$25,914.79
Change in Cash Flow$0.00
Refinance Proceeds$0.00