Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires Development Site In Hebron, IL For $2M
Okeson Road, Hebron, IL 60034
$2,000,000
$0/SF
Building Size
8,842,680 SF
Asset Type
Development Site
Closing
Apr 14, 2021
About this deal
AI
A development site in Hebron, IL has been sold for $2,000,000. The property, located at 00 Okeson Rd, spans across 203 acres, resulting in a price per acre of $9,852.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,000,000
- Address: 00 Okeson Rd
- Market: Hebron, IL
- Acres: 203
- Price Per Acre: $9,852
The sale was facilitated by Rick Bellairs and Tessa Jania of Berkshire Hathaway HomeServices Starck Real Estate.
The development site sale at Okeson Road, Hebron, IL 60034 in Hebron, Illinois sold for $2M in 2021. The building is 8,842,680 square feet, implying about 0 per square foot on the published price. Tessa Jania, Rick Bellairs, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Hebron, Illinois file for the Okeson Road, Hebron, IL 60034 development site sold: pricing, party profiles, and other closed development site comps from the same Hebron sit in the Market section below. Filter that Hebron development site set by closing date to see what else sold near Okeson Road, Hebron, IL 60034 around 2021. Published consideration for Okeson Road, Hebron, IL 60034 is $2M, dated 2021. Cite this Berkshire Hathaway HomeServices Acquires Development Site In Hebron, IL For $2M sale when underwriting similar development site product around Hebron, Illinois.
Players
Hebron Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93