Realty Representatives Inc Acquires 116 Acres Of Land In Elwood, IL For $1.4M
17415 West Bernhard Road, Elwood, Illinois 60421, United States
$1,400,000
$0/SF
Building Size
5,052,960 SF
Asset Type
—
Closing
Mar 15, 2022
About this deal
AI
The property involved in this transaction is a piece of land located at 17415 W Bernhard Rd in Elwood, IL. The land spans across approximately 116 acres, making it a sizable asset in the area.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,400,000
- Address: 17415 W Bernhard Rd, Elwood, IL
- Market: Elwood, IL
- Broker: Toni Graf - Realty Representatives Inc
Toni Graf from Realty Representatives Inc represented the parties involved in this deal. Graf played a crucial role in facilitating the transaction, ensuring a smooth process for both the buyer and seller.
Players
Elwood CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93