Century 21 Affiliated Represents Buyer In $1.15M Sycamore Land Sale
Mediterranean Drive, Sycamore, Illinois 60178, United States
$1,147,329
Building Size
—
Asset Type
—
Closing
Jun 2, 2022
About this deal
AI
The land located at Mediterranean Dr Lot 17 in Sycamore was recently sold for a total price of $1,147,329. Spanning across 0.75 acres, this property offers a prime opportunity for development or investment.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,147,329
- Market: Sycamore
- Lot Size: 0.75 acres
The buyer's representative, Jerry Wahlstrom of CENTURY 21 Affiliated, facilitated the transaction on behalf of the buyer. Representing the seller in this deal was Richard Hoffman of Hoffman Realty. Both parties worked diligently to ensure a successful transaction.
Players
Sycamore CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Illinois sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.83%
Cash-on-Cash
-3.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93