Daily limit: 0/10
2.87 Acre Land Parcel Sold For $1.05 Million In Oak Brook With Broker James Kubal
SOLD
$1,050,000
Illinois
See Similar DealsLand
Sold 10/11/2024
SOLD
2.87 Acre Land Parcel Sold For $1.05 Million In Oak Brook With Broker James Kubal
3005 York Road
See Similar DealsLand
Sold 10/11/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
A 2.87-acre land parcel at 3005 York Road in Oak Brook has been sold for $1,050,000. The property is zoned R-2 and offers access to sewer and water. It has the potential to be subdivided into two lots, and the existing house on the site is expected to be demolished.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,050,000
- Address: 3005 York Road
- Market: Oak Brook
- Acres: 2.87
- Broker: James Kubal - Team Realtors, Ltd
The transaction was overseen by broker James Kubal, representing the interests of the seller in this deal. The property presents opportunities for future development due to its zoning and potential for subdivision.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
Is there something missing? Send suggestions