Updated Dec 21, 2023
Debra Hymen Acquires Development Site In Antioch, IL For $1.7M
42844 N Crawford Rd, Antioch, IL, USA
$1,700,000
$3/SF
Building Size
437,342 SF
Asset Type
Development Site
Closing
Apr 11, 2021
About this deal
AI
A development site in Antioch, IL has recently been sold for $1,700,000. The property, located at 42844 N Crawford Rd, spans across 10.04 acres. With a price per acre (PPA) of $169,323, this transaction represents a significant investment opportunity.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,700,000
- Address: 42844 N Crawford Rd, Antioch, IL
- Market: Antioch, IL
- Acres: 10.04
- PPA: $169,323
Debra Hymen from Real Deb Realty represented the buyer, while Jane Hall from Engel & Völkers Chicago North Shore represented the seller. This deal was successfully facilitated between the two parties, showcasing the expertise and negotiation skills of both representatives.
Players
Antioch 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93