Woodstock, IL Land Sale - 206.55 Acres Acquired On Bauman Rd For $1.65M
207 Bauman Rd, Woodstock, Illinois, USA
$1,652,400
$0/SF
Building Size
8,997,318 SF
Asset Type
—
Closing
Jun 17, 2021
About this deal
AI
Located in Woodstock, IL, a 207-acre parcel of land located off Bauman Rd has been sold in a recent transaction. The property, consisting of 206.55 acres, was purchased for a total sale price of $1,652,400, resulting in a price per acre of $8,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,652,400
- Address: 207 Acres off Bauman Rd
- Market: Woodstock, IL
- Buyer's Representative: Michael Lescher - RE/MAX Showcase
- Seller's Representative: Susan Chylek - Keller Williams Infinity
Handling the buyer's interests in the transaction was Michael Lescher from RE/MAX Showcase, while Susan Chylek from Keller Williams Infinity represented the seller. This successful deal showcases the expertise and professionalism of both individuals and their agencies.
Players
Marengo 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
9.60%
Cash-on-Cash
-2.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93