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Huntley Land Sold For $1.49M With Buyer's Rep Dan Jones & Seller's Rep Christopher Popp

Property Image
SOLD
$1,489,000
Daniel T. Jones
Christopher (Chris) Popp

Illinois

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Land
Sold 08/29/2023
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Property Image
SOLD

Huntley Land Sold For $1.49M With Buyer's Rep Dan Jones & Seller's Rep Christopher Popp

8020 Haligus Road

See Similar Deals
Land
Sold 08/29/2023
Daniel T. Jones
Christopher (Chris) Popp
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

A 74.45-acre land parcel located at 8020 Haligus Road in Huntley was sold for $1,489,000. The transaction was managed by Dan Jones of Entre Commercial Realty, representing the buyer, and Christopher Popp of Baird & Warner, representing the seller.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,489,000
  • Address: 8020 Haligus Road, Huntley
  • Market: Huntley
  • Acres: 74.45
  • Buyer's Representative: Dan Jones - Entre Commercial Realty
  • Seller's Representative: Christopher Popp - Baird & Warner

The buyer, represented by Dan Jones of Entre Commercial Realty, and the seller, represented by Christopher Popp of Baird & Warner, completed the transaction for the 74.45-acre land parcel located at 8020 Haligus Road in Huntley. This successful deal demonstrates the expertise and negotiation skills of both the buyer's and seller's representatives.

Players

Daniel T. Jones
Entre Commercial Realty
Daniel T. Jones
7 deals$1.5M volume(847) 310-4299
BROKER
Christopher (Chris) Popp
Baird & Warner
Christopher Popp
1 deal$1.5M volume(815) 914-1008
BROKER

Details

SOLD
IMAGE: Christopher Popp & Dan Jones DATE: 08/29/2023 ADDRESS: 8020 Haligus Road MARKET: Huntley ASSET TYPE: Land ~ ACRES: 74.45 BUYER'S REP: Dan Jones - Entre Commercial Realty SELLER'S REP: Christopher Popp (@chris.popp.fnw_bairdwarner) - Baird & Warner (@bairdwarner) SALE PRICE: $1,489,000 NOTE: A 74.45-acre land parcel located at 8020 Haligus Road in Huntley was sold for $1,489,000. The transaction was managed by Dan Jones of Entre Commercial Realty, representing the buyer, and Christopher Popp of Baird & Warner, representing the seller.

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

$79,413.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,290.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,058.62
Annual Debt Service$84,703.44