Updated Dec 20, 2023
Coldwell Banker Realty Sells Oak Brook Land For $2.65M With Buyer's Rep John Romanelli & Seller's Rep Ellyn Collins
313 Canterberry Lane, Oak Brook, IL, USA
$2,650,000
$758/SF
Building Size
3,494 SF
Asset Type
Development Site
Closing
Jan 5, 2021
About this deal
AI
The recently closed property transaction in Oak Brook involved the sale of a 5-acre land located at 313 Canterberry Lane. The transaction took place on January 6, 2021. The property was sold for a price of $2,650,000, resulting in a price per acre (PPA) of $530,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,650,000
- Address: 313 Canterberry Lane
- Market: Oak Brook
The buyer's representative in this transaction was John Romanelli from Romanelli & Associates, while Ellyn Collins from Coldwell Banker Realty represented the seller. Both parties were instrumental in facilitating the successful closing of the deal.
On the Map
$2,650,000
$758/SF
Development Site
View full map
Players
Oak Brook Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Ellyn Collins to view all their deals.
Browse Illinois development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93