Linda Feinstein Completes $5.5M Land Sale In Oak Brook At 3601 Adams Road
3601 Adams Road
$5,500,000
Building Size
—
Asset Type
Land
Closing
Apr 12, 2024
About this deal
AI
A 7.6-acre land parcel located at 3601 Adams Road in Oak Brook was sold for $5,500,000. Linda Feinstein of Compass facilitated the transaction, which involved the transfer of this property in the Oak Brook market.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $5,500,000
- Address: 3601 Adams Road
- Market: Oak Brook
- Broker: Linda Feinstein - Compass
The sale of this 7.6-acre land parcel was successfully overseen by Linda Feinstein of Compass. This transaction underscores the crucial role played by industry professionals in facilitating property deals within the market.
Players
Oak Brook 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93