RE/MAX Realty Associates Sells 223 Acres Of Land In Champaign, IL For $3,475,100
5620 Bloomington Road, Champaign, Illinois 61822, United States
$3,475,100
Building Size
—
Asset Type
—
Closing
Dec 21, 2021
About this deal
AI
The property involved in this transaction is a land located at 5620 W Bloomington Rd in Champaign, IL. The land spans approximately 223 acres.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,475,100
- Date: 12/21/2021
- Market: Champaign, IL
The sale was facilitated by Russell Taylor of RE/MAX Realty Associates. Russell Taylor represented the buyer or seller in this deal.
Please note that no additional information is available regarding this transaction.
The commercial sale at 5620 Bloomington Road, Champaign, Illinois 61822, United States in Champaign, Illinois sold for $3.5M in 2021. Russell Taylor, Re/Max appear on the sale alongside Re/Max. This page is the Champaign, Illinois file for the 5620 Bloomington Road, Champaign, Illinois 61822, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Champaign sit in the Market section below. Filter that Champaign commercial set by closing date to see what else sold near 5620 Bloomington Road, Champaign, Illinois 61822, United States around 2021. Published consideration for 5620 Bloomington Road, Champaign, Illinois 61822, United States is $3.5M, dated 2021. Cite this RE/MAX Realty Associates Sells 223 Acres Of Land In Champaign, IL For $3,475,100 sale when underwriting similar commercial product around Champaign, Illinois.
Players
Champaign CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.56%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93