Updated Nov 29, 2023
RE/MAX Of Barrington Acquires Development Site In Crystal Lake For $1.11M
4418 Buhl Road, Crystal Lake, IL, USA
$1,110,000
$116/SF
Building Size
9,520 SF
Asset Type
Development Site
Closing
Jan 11, 2021
About this deal
AI
On January 12, 2021, a development site located at 4418 Buhl Road in Crystal Lake was sold for $1,110,000. Spanning across 14.95 acres, the property offers an average price per acre of $74,247.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,110,000
- Address: 4418 Buhl Road, Crystal Lake
- Market: Crystal Lake
The buyer, represented by Anthony Bellino from RE/MAX of Barrington, successfully acquired the property. On the other hand, Susanne Eisenberg from Unique Realty LLC acted as the seller's representative in this transaction.
Players
Crystal Lake 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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93