Mark Goodwin Brokers $3.25M Sale Of 239.98-Acre Ranch In Peotone
7724 West Joliet Road
$3,250,000
Building Size
—
Asset Type
Land
Closing
May 7, 2024
About this deal
AI
A 239.98-acre ranch located at 7724 West Joliet Road in Peotone has been sold for $3.25 million. Mark Goodwin of Goodwin & Associates Real Estate LLC facilitated the sale of this expansive property.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $3,250,000
- Address: 7724 West Joliet Road
- Market: Peotone
- Broker: Mark Goodwin - Goodwin & Associates Real Estate LLC
The sale of the 239.98-acre ranch was successfully brokered by Mark Goodwin of Goodwin & Associates Real Estate LLC, showcasing his expertise in closing significant real estate transactions.
Peotone 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93