Baird & Warner Fox Valley Acquires Development Site In Sycamore, IL For $2.47M
SOLD
$2,468,400
Illinois
See Similar DealsDevelopment Site10,541,520 SF
Sold 04/27/2021
SOLD
Baird & Warner Fox Valley Acquires Development Site In Sycamore, IL For $2.47M
16715 Lindgren Road, Sycamore, Illinois, USA
See Similar DealsDevelopment Site10,541,520 SF
Sold 04/27/2021
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:10,541,520 SF
Transaction Type:Sale
A development site located at 16715 Lindgren Rd in Sycamore, IL was recently sold for a total price of $2,468,400. The property spans across 242 acres, resulting in a price per acre of approximately $10,200. The transaction took place on April 27, 2021.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,468,400
- Address: 16715 Lindgren Rd, Sycamore, IL
- Market: Sycamore, IL
- Buyer's Rep: Baird & Warner Fox Valley - Geneva
- Seller's Rep: Eric Bird - Bird Realty
- Total Acres: 242
- Price per Acre: $10,200
The buyer was represented by Baird & Warner Fox Valley - Geneva, while Eric Bird of Bird Realty served as the seller's representative. This transaction marks another successful deal in the Sycamore, IL market.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$131,647.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,769.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,701.48
Annual Debt Service$140,417.70
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