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County Line Rd, Shorewood, ...

Flanagan Realty, LLC Sells 230 Acres Of Land In Shorewood, IL For $2.76M
SOLD

Flanagan Realty, LLC Sells 230 Acres Of Land In Shorewood, IL For $2.76M

County Line Rd, Shorewood, IL, USA

$2,760,000

$0/SF

Building Size

10,046,242 SF

Asset Type

Closing

Jun 7, 2020

AI

An approximately 230.63-acre land located at County Line Rd in Shorewood, IL has been sold for a total of $2,760,000. The transaction was completed on 06/07/2021. The property, captured in a photo by Daniel Flanagan, was listed and represented by Daniel Flanagan of Flanagan Realty, LLC. The land offers ample opportunities for development and various land use possibilities.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,760,000
  • Address: 230 acres County Line Rd, Shorewood, IL
  • Market: Shorewood, IL

Daniel Flanagan from Flanagan Realty, LLC played a crucial role in the completion of this deal, representing the buyer and seller. His expertise and negotiation skills contributed to the successful conclusion of the transaction.

Players

Daniel Flanagan

Broker

$2.8M

vol

1 deal

Broker

Joliet 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

5.75%

Cash-on-Cash

-1.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93