REMAX Legends' Samer Alosman Facilitates $1.8M Sale In Burr Ridge
460 60th Place, Burr Ridge, Illinois 60527, United States
$1,804,000
$358/SF
Building Size
5,030 SF
Asset Type
—
Closing
Mar 17, 2022
About this deal
AI
A land property located at 460 60th Pl in Burr Ridge has been sold for a price of $1,804,000. The land has an area of 0.33 acres. The transaction took place on March 18, 2022. The property was listed by Samer Alosman from REMAX Legends.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,804,000
- Address: 460 60th Pl, Burr Ridge
- Market: Burr Ridge
- Asset Type: Land
- Acres: 0.33
- Date: March 18, 2022
The seller of the land property, represented by Samer Alosman from REMAX Legends, has successfully closed the deal for the property located in Burr Ridge.
Players
Burr Ridge 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
8.79%
Cash-on-Cash
-2.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93