Adam Merrick Real Estate Represents Buyer In $2.25M Sale Of 269-Acre Sawtooth Ranch In Canton
20078 East Cypress Road
$2,250,000
Building Size
—
Asset Type
Farm
Closing
Sep 4, 2024
About this deal
AI
The 269-acre Sawtooth Ranch in Canton, IL sold for $2.25 million. This property includes six lakes, hunting grounds, a cabin, RV hookups, and over 76 tillable acres, offering recreational opportunities and income potential.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $2,250,000
- Address: 20078 East Cypress Road
- Market: Canton
- Acres: 269
- Buyer's Representative: Adam Merrick Real Estate
- Seller's Representative: Michaeline Harrison - Jim Maloof Realty
Adam Merrick Real Estate represented the buyer in this transaction. Michaeline Harrison of Jim Maloof Realty represented the seller, facilitating the deal for the property with various features suitable for recreation and farming.
On the Map
$2,250,000
Farm
View full map
Players
Canton Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
Loading comparables…
Deal FAQ
Browse Canton farm sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93