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14516 Kishwaukee Valley Rd,...

Woodstock, IL Development Site Sold For $1.2M With Buyer's Rep Paul Park & Seller's Rep Joseph Bottalla
SOLDDevelopment Site

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

Joseph Bottalla

Baird & Warner

Broker

$1.2M

vol

1 deal

Broker

Woodstock Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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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