Eli Atkin Sells Development Site At 323 Oakridge Avenue For $825,000 With Representatives Keith Estrada & Linda Levin
SOLD
Illinois
See Similar DealsDevelopment Site60,984 SF
Sold 08/20/2025
SOLD
Eli Atkin Sells Development Site At 323 Oakridge Avenue For $825,000 With Representatives Keith Estrada & Linda Levin
323 Oakridge Avenue
See Similar DealsDevelopment Site60,984 SF
Sold 08/20/2025
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$13
Total Square Footage:60,984 SF
Transaction Type:Sale
This development site, located at 323 Oakridge Avenue in Hillside, was sold for $825,000. The asset encompasses approximately 60,984 square feet, resulting in a price per square foot of $13.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $825,000
- Address: 323 Oakridge Avenue
- Market: Hillside
- Square Footage: 60,984
- Price per Square Foot: $13
- Seller: Eli Atkin
- Buyer's Representative: Matt Scales Properties
- Seller's Representatives: Keith Estrada & Linda Levin - Sotheby's International Realty
This transaction involved Eli Atkin as the seller, while Matt Scales Properties represented the buyer. Keith Estrada and Linda Levin from Sotheby's International Realty acted as the seller's representatives in this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$43,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,931.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,910.92
Annual Debt Service$46,931.05
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