Updated Dec 21, 2023
Hayden Real Estate Acquires Development Site In Arlington For $1.6M
21925 IL-89, Arlington, IL, USA
$1,612,490
$0/SF
Building Size
6,224,288 SF
Asset Type
Development Site
Closing
Feb 8, 2021
About this deal
AI
A development site located at 21925 IL 89 Hwy in Arlington has been sold for a price of $1,612,490. The transaction took place on 02/09/2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,612,490
- Address: 21925 IL 89 Hwy
- Market: Arlington
The buyer's representative in this deal was Tim Hayden from Hayden Real Estate, while Nathan Cumpton from LandGuys represented the seller.
The development site sale at 21925 IL-89, Arlington, IL, USA in Arlington, Illinois sold for $1.6M in 2021. The building is 6,224,288 square feet, implying about 0 per square foot on the published price. Tim Hayden, Nathan Cumpton, Landguys, Hayden Real Estate appear on the sale alongside Landguys, Hayden Real Estate. This page is the Arlington, Illinois file for the 21925 IL-89, Arlington, IL, USA development site sold: pricing, party profiles, and other closed development site comps from the same Arlington sit in the Market section below. Filter that Arlington development site set by closing date to see what else sold near 21925 IL-89, Arlington, IL, USA around 2021. Published consideration for 21925 IL-89, Arlington, IL, USA is $1.6M, dated 2021. Cite this Hayden Real Estate Acquires Development Site In Arlington For $1.6M sale when underwriting similar development site product around Arlington, Illinois.
Players
Arlington 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
9.84%
Cash-on-Cash
-2.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93