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1602 Braeside Lane, Northbr...

Coldwell Banker Realty Acquires 2.6 Acres Of Land In Northbrook For $1.7M
SOLD

Coldwell Banker Realty Acquires 2.6 Acres Of Land In Northbrook For $1.7M

1602 Braeside Lane, Northbrook, Illinois 60062, United States

$1,700,000

Building Size

Asset Type

Closing

Apr 28, 2022

AI

A 2.60-acre land located at 1602-16 Braeside Ln in Northbrook was recently sold for a total price of $1,700,000. The transaction took place on April 29, 2022 and was facilitated by brokers Kathryn Moor, Dawn McKenna, and Anne DuBray from Coldwell Banker Realty.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,700,000
  • Address: 1602-16 Braeside Ln, Northbrook
  • Market: Northbrook
  • Asset Type: Land
  • Acres: 2.60

This sale involved a 2.60-acre land situated at 1602-16 Braeside Ln in Northbrook. The property was sold for a total price of $1,700,000 on April 29, 2022. Kathryn Moor, Dawn McKenna, and Anne DuBray from Coldwell Banker Realty represented the parties involved in the transaction.

Players

Dawn McKenna

Coldwell Banker

Broker

$76.3M

vol

14 deals

Broker

Northbrook CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93