Goodwin & Associates Real Estate LLC Sells Land In Frankfort, IL For $1.965M
8431 West Sauk Trail, Frankfort, Illinois 60423, United States
$1,965,000
Building Size
—
Asset Type
—
Closing
Jul 4, 2022
About this deal
AI
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.
On the Map
$1,965,000
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Frankfort 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
8.07%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93