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LandGuys, LLC Of Illinois Facilitates $5.7M Sale Of 800-Acre Land In Versailles, IL

Property Image
SOLD
$5,657,000

Illinois

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Land
Sold 12/27/2022
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Property Image
SOLD

LandGuys, LLC Of Illinois Facilitates $5.7M Sale Of 800-Acre Land In Versailles, IL

971 100 Ave N

See Similar Deals
Land
Sold 12/27/2022
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

A land parcel located at 971 100 Ave N in Versailles, IL has recently been sold. The property spans approximately 800 acres and is classified as land. The sale of this property was facilitated by Adam Fencik, a representative from LandGuys, LLC of Illinois. The transaction took place on December 27, 2022, with the sale price amounting to $5,657,000.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $5,657,000
  • Address: 971 100 Ave N, Versailles, IL
  • Market: Versailles, IL
  • Asset Type: Land
  • Acres: 800
  • Broker: Adam Fencik - LandGuys, LLC of Illinois

This transaction highlights the successful sale of a significant piece of land in Versailles, IL. Adam Fencik from LandGuys, LLC of Illinois played a pivotal role as the broker representing the buyer and seller. The sale price of $5,657,000 reflects the value of the 800-acre land parcel located at 971 100 Ave N. This transaction signifies a significant investment opportunity in the Illinois real estate market.

Players

Adam Fencik
Landguys
Adam Fencik
1 deal$5.7M volume(217) 242-0716
BROKER

Details

SOLD
IMAGE: Adam Fencik DATE: 12/27/2022 ADDRESS: 971 100 Ave N MARKET: Versailles, IL ASSET TYPE: Land ~ ACRES: 800 BROKER: Adam Fencik - LandGuys, LLC of Illinois SALE PRICE: $5,657,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$20,098.12
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