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Underground Motor Sports Purchases 74 Acres In Zion Illinois From The Rita J. Mass Trust For $1.39M

Property Image
SOLD
$1,390,000
Tom Glusic
Kris Seegren
+ 1

Illinois

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Land
Sold 01/13/2026
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Property Image
SOLD

Underground Motor Sports Purchases 74 Acres In Zion Illinois From The Rita J. Mass Trust For $1.39M

42008 North Delany Road

See Similar Deals
Land
Sold 01/13/2026
Tom Glusic
Kris Seegren
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

A 74-acre land parcel located at 42008 North Delany Road was sold for $1,390,000. The property is situated in Zion, Illinois, and is positioned 3.6 miles from I-94. Notable features of the land include a farmhouse, an aircraft hangar, a barn, and a machine shop, with the site also adjacent to the 210-acre Old Hickory Forest Preserve.

Summary of transaction details:

The transaction involved key representatives in the real estate sector, with Rick Scardino and Tom Glusic facilitating the sale for The Rita J. Mass Trust, while John Steele and Kris Seegren represented Underground Motor Sports. Lee & Associates played a pivotal role in brokering the deal for the substantial land parcel.

Players

Rick Scardino
21 deals$11.8M volume
BROKER

Details

SOLD
IMAGE: Tom Glusic, Rick Scardino, Kris Seegren & John Steele DATE: 01/13/2026 ADDRESS: 42008 North Delany Road MARKET: Zion ASSET TYPE: Land ~ ACRES: 74 BUYER: Underground Motor Sports SELLER: The Rita J. Mass Trust BUYER'S REP: John Steele & Kris Seegren - Re/Max Plaza SELLER'S REP: Rick Scardino (@RickScardino) - Lee & Associates; Tom Glusic (@Tomrealtor23) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,390,000 NOTE: Lee & Associates brokered the $1.39 million sale of a 74-acre property at 42008 N. Delany Road in Zion, Illinois, featuring a farmhouse, aircraft hangar, barn, and machine shop, located 3.6 miles from I-94 and across from the 210-acre Old Hickory Forest Preserve.The Rita J. Mass Trust sold the site, represented by Rick Scardino of Lee & Associates of Illinois and Tom Glusic of Coldwell Banker Realty, to Underground Motor Sports, represented by Kris Seegren and John Steele of RE/MAX Plaza.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,938.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,589.31
Annual Debt Service$79,071.71