Marcus & Millichap Brokers Sell Bolingbrook Retail Property For $2.24M
740 Janes Avenue, Bolingbrook, IL, USA
$2,240,000
$556/SF
Building Size
4,025 SF
Asset Type
Retail
Closing
Feb 7, 2021
About this deal
AI
A retail property located at 740 Janes Avenue in Bolingbrook, Il has been sold for $2,240,000. The property spans 4,025 square feet with a price per square foot of $557.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $2,240,000
- Address: 740 Janes Avenue, Bolingbrook, Il
- Market: Bolingbrook, Il
- Square Footage: 4,025
- Price Per Square Foot: $557
Austin Weisenbeck & Sean R. Sharko of Marcus & Millichap acted as the brokers in the deal.
The retail sale at 740 Janes Avenue, Bolingbrook, IL, USA in Bolingbrook, Illinois sold for $2.2M in 2021. The building is 4,025 square feet, implying about 556 per square foot on the published price. Sean Sharko, Austin Weisenbeck, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Bolingbrook, Illinois file for the 740 Janes Avenue, Bolingbrook, IL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Bolingbrook sit in the Market section below. Filter that Bolingbrook retail set by closing date to see what else sold near 740 Janes Avenue, Bolingbrook, IL, USA around 2021. Published consideration for 740 Janes Avenue, Bolingbrook, IL, USA is $2.2M, dated 2021. Cite this Marcus & Millichap Brokers Sell Bolingbrook Retail Property For $2.24M sale when underwriting similar retail product around Bolingbrook, Illinois.
Players
Bolingbrook 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
7.08%
Cash-on-Cash
-2.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93