Updated Dec 21, 2023
Mary Grant TProperties Sells Development Site In Kenilworth, IL For $1.275M
225 Leicester Rd, Kenilworth, Illinois, USA
$1,275,000
$83/SF
Building Size
15,246 SF
Asset Type
Development Site
Closing
Apr 12, 2021
About this deal
AI
A development site located at 225 Leicester Rd in Kenilworth, IL has been sold for $1,275,000. The sale was completed on April 13, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,275,000
- Market: Kenilworth, IL
- Broker: Mary Grant - tProperties
Mary Grant of tProperties represented the buyer/seller/landlord/tenant in this transaction.
The development site sale at 225 Leicester Rd, Kenilworth, Illinois, USA in Kenilworth, Illinois sold for $1.3M in 2021. The building is 15,246 square feet, implying about 83 per square foot on the published price. Mary Grant, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Kenilworth, Illinois file for the 225 Leicester Rd, Kenilworth, Illinois, USA development site sold: pricing, party profiles, and other closed development site comps from the same Kenilworth sit in the Market section below. Filter that Kenilworth development site set by closing date to see what else sold near 225 Leicester Rd, Kenilworth, Illinois, USA around 2021. Published consideration for 225 Leicester Rd, Kenilworth, Illinois, USA is $1.3M, dated 2021. Cite this Mary Grant TProperties Sells Development Site In Kenilworth, IL For $1.275M sale when underwriting similar development site product around Kenilworth, Illinois.
Kenilworth 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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93