Updated Sep 9, 2024
Baird & Warner Fox Valley Acquires Development Site In Kirkland For $1.7M
Quarry Rd, Kirkland, IL 60146, USA
$1,712,000
$0/SF
Building Size
6,969,600 SF
Asset Type
Development Site
Closing
Mar 10, 2021
About this deal
AI
A development site located at 000 Quarry Rd in Kirkland has been sold for a price of $1,712,000. The property spans over an area of 160 acres, resulting in a price per acre of $10,700. The transaction took place on 03/11/2021.
Summary of transaction details
- Asset Type: Development Site
- Address: 000 Quarry Rd
- Market: Kirkland
The buyer was represented by Baird & Warner Fox Valley - Geneva, while Eric Bird from Bird Realty acted as the seller's representative.
This transaction demonstrates the successful sale of a development site in Kirkland. The involvement of Baird & Warner Fox Valley - Geneva as the buyer's representative and Eric Bird from Bird Realty as the seller's representative signifies the professional coordination between the parties involved.
Players
Kirkland 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
9.27%
Cash-on-Cash
-2.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93