Woodstock, IL Development Site Sold For $1.2M With Buyer's Rep Paul Park & Seller's Rep Joseph Bottalla
14516 Kishwaukee Valley Rd, Woodstock, Illinois, USA
$1,200,000
$0/SF
Building Size
3,524,875 SF
Asset Type
Development Site
Closing
Apr 28, 2021
AI
An approximately 94.17-acre development site located at 14516 Kishwaukee Valley Rd in Woodstock, IL was recently sold for $1,200,000. The transaction took place on April 29, 2021. The buyer's representative in this deal was Paul Park from East-West Realty, while the seller's representative was Joseph Bottalla from Baird & Warner. The site, situated in Woodstock's market, offers significant potential for development.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,200,000
- Address: 14516 Kishwaukee Valley Rd
- Market: Woodstock, IL
- Buyer's Representative: Paul Park - East-West Realty
- Seller's Representative: Joseph Bottalla - Baird & Warner
This deal showcases the collaboration between Paul Park from East-West Realty and Joseph Bottalla from Baird & Warner, both of whom played crucial roles in facilitating the transaction. The 94.17-acre development site presents an attractive investment opportunity in the Woodstock market. With its favorable location and potential for development, this property proves to be a valuable asset for its new owners.
Players
Woodstock Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93