Real Broker LLC Acquires 206 Acres Of Land In Shattuc, IL For $2.1M
26401 Quick Road, Shattuc, Illinois 62231, United States
$2,058,000
$0/SF
Building Size
8,964,648 SF
Asset Type
—
Closing
Jul 1, 2021
About this deal
AI
A 206-acre land parcel located at 26401 Quick Rd in Shattuc, IL has been sold for a total of $2,058,000. The transaction was facilitated by Mitchell Cain from Real Broker LLC. The property, with a price per acre of $9,990, offers ample opportunities for development or investment.
Summary of transaction details:
- Property Type: Land
- Sale Price: $2,058,000
- Address: 26401 Quick Rd, Shattuc, IL
- Market: Shattuc, IL
- Broker: Mitchell Cain - Real Broker LLC
- Acres: 206
- Price Per Acre: $9,990
This successful sale was made possible by the diligent efforts of Mitchell Cain from Real Broker LLC, who played a crucial role in representing the buyer and ensuring a smooth transaction.
Players
Carlyle 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
7.71%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93