Updated Sep 9, 2024
Joe Gerber's Gerber Group Acquires Development Site In Harvard For $32,500
17206 Obrien Road, Harvard, Illinois 60033, United States
$32,500
$0/SF
Building Size
92,565 SF
Asset Type
Development Site
Closing
Apr 20, 2022
About this deal
AI
A development site located at 17206 O'Brien Rd in Harvard has been sold for a price of $32,500. The property spans across 92,565 square feet, resulting in a price per square foot of $0.35.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $32,500
- Address: 17206 O'Brien Rd
- Market: Harvard
- Square Footage: 92,565
The sale was facilitated by Joe Gerber from Gerber Group of Engel & Völkers Chicago North Shore.
The development site sale at 17206 Obrien Road, Harvard, Illinois 60033, United States in Harvard, Illinois sold for $32.5K in 2022. The building is 92,565 square feet, implying about 0 per square foot on the published price. Joe Gerber, Engel & Völkers, Coldwell Banker appear on the sale alongside Engel & Völkers, Coldwell Banker. This page is the Harvard, Illinois file for the 17206 Obrien Road, Harvard, Illinois 60033, United States development site sold: pricing, party profiles, and other closed development site comps from the same Harvard sit in the Market section below. Filter that Harvard development site set by closing date to see what else sold near 17206 Obrien Road, Harvard, Illinois 60033, United States around 2022. Published consideration for 17206 Obrien Road, Harvard, Illinois 60033, United States is $32.5K, dated 2022. Cite this Joe Gerber's Gerber Group Acquires Development Site In Harvard For $32,500 sale when underwriting similar development site product around Harvard, Illinois.
Players
Harvard 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
488.09%
Cash-on-Cash
-139.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93