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11731 87th St Burr Ridge, I...

Updated Sep 9, 2024

Bilt advertisement
Brian Ruff Of Coldwell Banker Real Estate Group Sells 15 Acres Of Land In Burr Ridge For $2.3M
SOLDLand

Brian Ruff Of Coldwell Banker Real Estate Group Sells 15 Acres Of Land In Burr Ridge For $2.3M

11731 87th St Burr Ridge, Il 60527, Usa

$2,300,000

Building Size

Asset Type

Land

Closing

May 3, 2023

About this deal

AI

A 15-acre land located at 11731 87th Street in Burr Ridge has been sold for $2,300,000. The transaction was facilitated by Brian Ruff of Coldwell Banker Real Estate Group.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,300,000
  • Address: 11731 87th Street
  • Market: Burr Ridge
  • Asset Type: Land
  • Acres: 15

The seller, buyer, and other parties involved in the deal have not been specified in the available information.

The land sale at 11731 87th St Burr Ridge, Il 60527, Usa in Chicago, Illinois sold for $2.3M in 2023. 11731 87th St Burr Ridge, Il 60527, Usa is classified as Land on Traded. Brian Ruff, Colliers appear on the sale alongside Colliers. This page is the Chicago, Illinois file for the 11731 87th St Burr Ridge, Il 60527, Usa land sold: pricing, party profiles, and other closed land comps from the same Chicago sit in the Market section below. Filter that Chicago land set by closing date to see what else sold near 11731 87th St Burr Ridge, Il 60527, Usa around 2023. Published consideration for 11731 87th St Burr Ridge, Il 60527, Usa is $2.3M, dated 2023. Cite this Brian Ruff Of Coldwell Banker Real Estate Group Sells 15 Acres Of Land In Burr Ridge For $2.3M sale when underwriting similar land product around Chicago, Illinois.

Players

Brian Ruff

Colliers

Broker

$4.4M

vol

3 deals

Broker

Chicago Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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