Sperry Equities Acquires Retail Property In Glenview, IL For $26.2M
2351 Willow Road, Glenview, Illinois, USA
$26,200,000
$144/SF
Building Size
181,024 SF
Asset Type
Retail
Closing
Aug 15, 2021
About this deal
AI
An retail property located at 2145-2351 Willow Road in Glenview, Il has been sold for a total price of $26,200,000. The property spans a total area of 181,024 square feet. The sale was completed on August 16, 2021. The buyer of the property was Sperry Equities, while the seller was Heitman.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $26,200,000
- SF: 181,024
The deal was facilitated by Rick Drogosz, Ben Wineman, and Emily Gadomski from Mid-America Real Estate Corporation, who represented both the buyer and the seller in the transaction.
Players
Northbrook Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93