Jeffrey Proctor & Carolyn Landis Sell 4.58 Acres Of Land In Burr Ridge, IL For $1.8M
SOLD
$1,800,000
Illinois
See Similar DealsSold 10/27/2021
SOLD
Jeffrey Proctor & Carolyn Landis Sell 4.58 Acres Of Land In Burr Ridge, IL For $1.8M
9000 S County Line Rd, Burr Ridge, Illinois, USA
See Similar DealsSold 10/27/2021
Summary
ILLINOIS
Transaction Type:Sale
A 4.58-acre piece of land located at 9000 S County Line Rd in Burr Ridge, IL has been sold for $1,800,000. The transaction took place on October 27, 2021, with Carolyn Landis and Jeffrey Proctor of Proctor Properties acting as the brokers.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,800,000
- Address: 9000 S County Line Rd, Burr Ridge, IL
- Market: Burr Ridge, IL
- Acres: 4.58
Carolyn Landis and Jeffrey Proctor, representing Proctor Properties, facilitated the sale of this land in Burr Ridge, IL.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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