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Goodwin & Associates Real Estate LLC Sells Land In Frankfort, IL For $1.965M

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SOLD
$1,965,000

Illinois

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Sold 07/05/2022
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Property Image
SOLD

Goodwin & Associates Real Estate LLC Sells Land In Frankfort, IL For $1.965M

8431 West Sauk Trail, Frankfort, Illinois 60423, United States

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Sold 07/05/2022
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Summary

ILLINOIS
Transaction Type:Sale

The property asset involved in this closed transaction is a piece of land located at 8431 W Sauk Trl in Frankfort, IL. The transaction took place on 07/05/2022. The land was sold for a total price of $1,965,000. Mark Goodwin of Goodwin & Associates Real Estate LLC represented the parties involved in this deal.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,965,000
  • Address: 8431 W Sauk Trl, Frankfort, IL
  • Market: Frankfort, IL

This transaction showcases the expertise and professionalism of Mark Goodwin from Goodwin & Associates Real Estate LLC, who successfully facilitated the sale of this land in Frankfort, IL. The deal highlights the strong demand for land properties in the area and the value it holds in the real estate market. The involvement of a skilled broker like Mark Goodwin ensured a smooth and profitable transaction for all parties involved.

Players

Mark Goodwin
15 deals$32.8M volume
BROKER

Details

SOLD
IMAGE: Mark Goodwin DATE: 07/05/2022 ADDRESS: 8431 W Sauk Trl MARKET: Frankfort, IL ASSET TYPE: Land BROKER: Mark Goodwin - Goodwin & Associates Real Estate LLC SALE PRICE: $1,965,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$104,800.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,981.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,315.10
Annual Debt Service$111,781.23