Updated Dec 20, 2023
David Gletty Of Charles Rutenberg Realty Sells Development Site In Earlville, IL For $1.54M
1 Earlville Rd, Earlville, Illinois, USA
$1,540,000
$0/SF
Building Size
9,234,720 SF
Asset Type
Development Site
Closing
Mar 11, 2021
About this deal
AI
A development site located at Lot 1 Earlville Rd in Earlville, IL has been sold for $1,540,000. The transaction took place on March 12, 2021. This site spans over 212 acres, resulting in a price per acre (PPA) of $7,264.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,540,000
- Acres: 212
- Price per Acre (PPA): $7,264
The sale of this development site was facilitated by David Gletty from Charles Rutenberg Realty. He acted as the broker in the transaction.
Players
Earlville 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
10.30%
Cash-on-Cash
-2.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93