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527-541 Kensington Ct

Coldwell Banker Realty Sells Land In Hinsdale For $3M
SOLDLand

Coldwell Banker Realty Sells Land In Hinsdale For $3M

527-541 Kensington Ct

$3,000,000

Building Size

Asset Type

Land

Closing

Feb 3, 2023

AI

Located in Hinsdale, this land property on Kensington Ct offers a prime investment opportunity. Spanning across 2.20 acres, this parcel of land presents a blank canvas for potential development. The property, listed by Dawn McKenna from Coldwell Banker Realty, recently sold for $3,000,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $3,000,000
  • Address: 527-541 Kensington Ct, Hinsdale
  • Market: Hinsdale
  • Broker: Dawn McKenna - Coldwell Banker Realty

This successful sale was facilitated by Dawn McKenna from Coldwell Banker Realty. With their expertise in the Hinsdale market, McKenna was able to secure a lucrative deal for the 2.20-acre land property on Kensington Ct. The transaction signifies the value and potential of this prime piece of land in Hinsdale.

Players

Dawn McKenna

Coldwell Banker

Broker

$76.3M

vol

14 deals

Broker

Berlin Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93