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
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Asset Type
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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
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