Updated Sep 9, 2024
Baird & Warner Fox Valley Acquires Development Site In Sycamore, IL For $2.47M
16715 Lindgren Road, Sycamore, Illinois, USA
$2,468,400
$0/SF
Building Size
10,541,520 SF
Asset Type
Development Site
Closing
Apr 26, 2021
About this deal
AI
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.
Players
Sycamore 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
6.43%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93