Linda Levin & Keith Estrada Sell 18.63 Acre Development Site In Country Club Hills For $2.03M
SOLD
$2,025,000
Illinois
See Similar DealsDevelopment Site1,368 SF
Sold 03/01/2021
SOLD
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
See Similar DealsDevelopment Site1,368 SF
Sold 03/01/2021
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$1,480
Total Square Footage:1,368 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$108,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,194.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,599.53
Annual Debt Service$115,194.40
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