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
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