Eric Bird Of Bird Realty Sells 114.47 Acres Of Land In Lisbon, IL For $1.5M
13000 Joliet Rd, Lisbon, IL 60541
$1,482,500
Building Size
—
Asset Type
—
Closing
May 26, 2022
About this deal
AI
The property involved in this transaction is located at 13000 Joliet Rd in Lisbon, IL. It is a land asset spanning 114.47 acres. The sale of this property was facilitated by broker Eric Bird from Bird Realty. The transaction took place on May 27, 2022.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,482,500
- Address: 13000 Joliet Rd, Lisbon, IL
- Market: Lisbon, IL
- Asset Type: Land
- Acres: 114.47
- Broker: Eric Bird - Bird Realty
The sale price for this land property was $1,482,500. Eric Bird from Bird Realty represented the parties involved in this transaction.
On the Map
$1,482,500
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.70%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93