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
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