SOLD
Strauss Realty Ltd Acquires Land In Bensenville, IL For $1.1M
800 W Irving Park Rd, Bensenville, IL 60106
$1,100,000
Building Size
—
Asset Type
—
Closing
Jan 17, 2022
AI
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
Bensenville 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93