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
$1,800,000
Building Size
—
Asset Type
—
Closing
Oct 27, 2021
AI
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.
Players
Burr Ridge CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93