157-Acre Land Parcel In Toulon, IL Sold For $1.19M With Broker John Leezer Of Jim Maloof/Realtor
$1,191,525
Building Size
—
Asset Type
Land
Closing
Dec 8, 2023
About this deal
AI
A 157-acre land parcel located at 00 Elmira Road in Toulon, IL, has been successfully sold for a total price of $1,191,525. The transaction was facilitated by broker John Leezer, representing Jim Maloof/REALTOR.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,191,525
- Address: 00 Elmira Road, Toulon, IL
- Market: Toulon
- Asset Type: Land
- Acres: 157
This sale represents a significant transaction in the Toulon real estate market. The 157-acre land parcel is situated at Elmira Rd and offers a unique opportunity for development or investment. With John Leezer serving as the broker from Jim Maloof/REALTOR, both the buyer and seller were able to successfully negotiate and finalize the deal.
Players
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.31%
Cash-on-Cash
-3.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93