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7s731 Olesen Drive

Colleen Wilcox Acquires 1.92-Acre Estate Lot In Naperville For $1.15M
SOLDLand

Colleen Wilcox Acquires 1.92-Acre Estate Lot In Naperville For $1.15M

7s731 Olesen Drive

$1,150,000

Building Size

Asset Type

Land

Closing

Jul 8, 2024

AI

7S731 Olesen Drive in Naperville, a rare 1.92-acre estate lot, was sold for $1,150,000.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,150,000
  • Address: 7S731 Olesen Drive
  • Market: Naperville
  • Asset Type: Land
  • Acres: 1.92

Colleen Wilcox from Compass represented the buyer, while Nathan Stillwell from John Greene & Realtor represented the seller in the transaction.

Players

Colleen Wilcox

Compass

Broker

$1.2M

vol

1 deal

Broker

Naperville 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93