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9803 Illinois 47, Huntley, ...

Updated Dec 19, 2023

Berkshire Hathaway HomeServices Acquires 37.07 Acres Of Land In Huntley, IL For $1.2M
SOLD

Berkshire Hathaway HomeServices Acquires 37.07 Acres Of Land In Huntley, IL For $1.2M

9803 Illinois 47, Huntley, IL, USA

$1,225,000

$405/SF

Building Size

3,021 SF

Asset Type

Closing

Jul 26, 2020

About this deal

AI

Located in Huntley, IL, a property at 9803 N IL Route 47 has recently been sold for a total price of $1,225,000. This transaction involves a land asset spanning a vast area of 37.07 acres. With a purchase price per acre (PPA) of $33,046, this sale represents a significant deal in the area.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,225,000
  • Acres: 37.07
  • Price Per Acre (PPA): $33,046
  • Market: Huntley, IL

Representing the buyer's side is Emily Smith from Berkshire Hathaway HomeServices Starck Real Estate. On the seller's side, Sara Mitchell is the representative from Century 21 New Heritage - Huntley. Both agents played key roles in facilitating this successful transaction.

Players

Emily Smith

Berkshire Hathaway HomeServices

Broker

$1.2M

vol

1 deal

Broker

Huntley CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $405 per square foot on a published $1.2M for 3,021 square feet (2020).

Visit Berkshire Hathaway HomeServices to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.95%

Cash-on-Cash

-3.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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