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11731 87th St Burr Ridge, I...

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

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.

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