Ascot Realty Group Acquires 2-Acre Land In Lincolnwood For $2M
6995 N Central Park Ave Lincolnwood, IL 60712, USA
$2,000,000
Building Size
—
Asset Type
Land
Closing
Jul 31, 2023
AI
A 2-acre land property located at 6995 North Central Park Avenue in Lincolnwood, IL has been sold for a total price of $2,000,000. The transaction took place on 07/31/2023 and involved the participation of James Ascot from Ascot Realty Group as the buyer's representative and Michael O'Donnell from Web Video Realty as the seller's representative.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: 6995 North Central Park Avenue, Lincolnwood, IL
- Market: Lincolnwood
- Asset Type: Land
- Acres: 2
The sale of the 2-acre land property at 6995 North Central Park Avenue in Lincolnwood, IL required a Special Use Permit for improvements or uses. The property was listed by Michael O'Donnell and purchased with the assistance of James Ascot.
Players
Lincolnwood Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93