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Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M

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SOLD
$1,100,000

Illinois

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Sold 01/18/2022
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Property Image
SOLD

Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M

800 W Irving Park Rd, Bensenville, IL 60106

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Sold 01/18/2022
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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.

Players

6 deals$7.6M volume
BROKER

Dale Strauss
2 deals$1.1M volume
BROKER

Details

SOLD
IMAGE: Dale Strauss & Adam Schneiderman DATE: 01/18/2022 ADDRESS: 800 W Irving Park Rd MARKET: Bensenville, IL ASSET TYPE: Land ~ ACRES: 1.66 BROKERS: Adam Schneiderman & Dale Strauss - Strauss Realty Ltd SALE PRICE: $1,100,000

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Deal Type
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