Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M
SOLD
Illinois
See Similar DealsSold 01/18/2022
SOLD
Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M
800 W Irving Park Rd, Bensenville, IL 60106
See Similar DealsSold 01/18/2022
Summary
ILLINOIS
Transaction Type:Sale
The property involved in this transaction is a land located at 800 W Irving Park Rd in Bensenville, IL. The land spans approximately 1.66 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,100,000
- Date: 01/18/2022
- Market: Bensenville, IL
- Brokers: Adam Schneiderman & Dale Strauss - Strauss Realty Ltd
The transaction for this land property was facilitated by Adam Schneiderman and Dale Strauss from Strauss Realty Ltd. They represented the parties involved in this deal.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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