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.
On the Map
$1,712,000
$0/SF
Development Site
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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