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Henry Joern Sells Development Site In Lake Zurich For $2.125 Million With Sean Dailey's Representation

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SOLD
$2,125,000

Illinois

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Development Site398,574 SF
Sold
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SOLD

Henry Joern Sells Development Site In Lake Zurich For $2.125 Million With Sean Dailey's Representation

670 South Old Rand Road

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Development Site398,574 SF
Sold
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Summary

ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$5
Total Square Footage:398574 SF
Transaction Type:Sale

The asset involved in this transaction is a development site located at 670 South Old Rand Road in the Lake Zurich market. The sale price for the property was $2,125,000, with a building square footage of 398,574 and a price per building square foot of $5. The property also has a total square footage of 398,574 and a price per square foot of $5.

Summary of transaction details:

This transaction involved key individuals in the real estate market, with Sean Dailey representing the broker for the deal. The seller, Henry Joern, successfully completed the sale of the development site, contributing to the ongoing activity in the Lake Zurich area.

Players

Sean Dailey
8 deals$56.4M volume(773) 954-0942
BROKER

Keller Williams Realty
BROKERAGE

Details

SOLD
IMAGE: Sean Dailey DATE: 01/31/2025 ADDRESS: 670 South Old Rand Road MARKET: Lake Zurich ASSET TYPE: Development Site SELLER: Henry Joern BROKER: Sean Dailey (@SeanDaileyrealtor) - Homesmart Connect (@HomeSmartConnect) SALE PRICE: $2,125,000 BSF: 398,574 ~ PPBSF: $5 SF: 398,574 ~ PPSF: $5

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Debt Service Coverage Ratio (DSCR)

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