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75b Hawthorne Rd, Barringto...

Coldwell Banker Residential Acquires Land In Barrington Hills, IL For $1.4M
SOLD

Coldwell Banker Residential Acquires Land In Barrington Hills, IL For $1.4M

75b Hawthorne Rd, Barrington Hills, Illinois, USA

$1,400,000

$6/SF

Building Size

233,045 SF

Asset Type

Closing

Aug 25, 2021

AI

The sale of a property in Barrington Hills, IL has been completed. The property, located at 75B Hawthorne Rd, is a land asset spanning approximately 5.35 acres. The transaction took place on August 25, 2021, with a sale price of $1,400,000. The price per acre for this property stands at $261,682.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,400,000
  • Address: 75B Hawthorne Rd, Barrington Hills, IL
  • Market: Barrington Hills, IL
  • Acres: 5.35
  • Price per Acre: $261,682

The buyer's representatives for this deal were Tracey Larsen & Graham Mcdonald from Coldwell Banker Residential. On the other hand, John Morrison Properties represented the seller in this transaction.

Players

Tracey Larsen

Coldwell Banker

Broker

$1.4M

vol

1 deal

Broker

Barrington 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93