facebook
Traded Co logo
Submit
Daily limit: 0/10

Private Residences In Oswego, IL Sold For $4.9M Near Fox Bend Golf Course And Southbury Subdivision

Property Image
SOLD
$4,915,174

Illinois

See Similar Deals
Farm
Sold 08/25/2023
the dealplayerscompscontact
Property Image
SOLD

Private Residences In Oswego, IL Sold For $4.9M Near Fox Bend Golf Course And Southbury Subdivision

0 Wolf Rd Oswego, Il 60543, Usa

See Similar Deals
Farm
Sold 08/25/2023
Contact now

Summary

ILLINOIS
Asset Type:Farm
Transaction Type:Sale

Two private residences in Oswego, IL, have been sold for $4,915,174. The approximately 130-acre properties offer potential for residential development and are located near Southbury Subdivision and Fox Bend Golf Course. The sale aligns with the Village of Oswego's planned medium-density residential land use.

Summary of transaction details

  • Property Type: Farm
  • Transaction Amount: $4,915,174
  • Address: 000 Wolf Road, Oswego, IL
  • Market: Oswego
  • Acres: 130.34

The sale was facilitated by brokers Mike Waseen and Terry Anderson from John Greene, Realtor. They were instrumental in negotiating the deal and ensuring a successful transaction.

Players

2 deals$5.9M volume
BROKER

Details

SOLD
IMAGE: Mike Waseen & Terry Anderson DATE: 08/25/2023 ADDRESS: 000 Wolf Road MARKET: Oswego ASSET TYPE: Farm ~ ACRES: 130.34 BROKERS: Mike Waseen (@MikeWaseen_JohnGreeneRealtor) & Terry Anderson - John Greene, Realtor (@JG_Realtor) SALE PRICE: $4,915,174 NOTE: Two private residences in Oswego, IL, have been sold for $4,915,174. The approximately 130-acre properties offer potential for residential development, located near Southbury Subdivision and Fox Bend Golf Course, in line with the Village of Oswego's planned medium-density residential land use.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$262,142.61

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,462.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,300.43
Annual Debt Service$279,605.19