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5000 183rd St, Country Club...

Linda Levin & Keith Estrada Sell 18.63 Acre Development Site In Country Club Hills For $2.03M
SOLDDevelopment Site

Linda Levin & Keith Estrada Sell 18.63 Acre Development Site In Country Club Hills For $2.03M

5000 183rd St, Country Club Hills, IL, USA

$2,025,000

$1,480/SF

Building Size

1,368 SF

Asset Type

Development Site

Closing

Feb 28, 2021

AI

A development site located at 5000 183rd St in Country Club Hills has been sold for a price of $2,025,000. This property spans across 18.63 acres, resulting in a price per acre of $108,696.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,025,000
  • Address: 5000 183rd St
  • Market: Country Club Hills

The sale of this development site was facilitated by Linda Levin & Keith Estrada from Jameson Sotheby's International Realty. They represented the parties involved in this transaction.

Players

Keith Estrada

Sotheby's International Realty

Broker

$4.7M

vol

3 deals

Broker

Country Club Hills 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

7.83%

Cash-on-Cash

-2.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93