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Sale

Updated Dec 4, 2024

Land Parcel In Country Club Hills Sold For $1.15 Million With Brokers Krysta And Victor Gudino
SOLDLand

Land Parcel In Country Club Hills Sold For $1.15 Million With Brokers Krysta And Victor Gudino

$1,150,000

Building Size

Asset Type

Land

Closing

Aug 13, 2024

About this deal

AI

A 4-acre C-4 zoned land parcel, located at 17002 Cicero Avenue in Country Club Hills, was sold for $1.15 million. The property is situated along Interstate 57 and is approved for various uses including truck terminals, offices, truck sales, and related operations.

Summary of transaction details:

This transaction highlights the involvement of Krysta Gudino and Victor Gudino, who represented the deal through Nancy & Associates Realty, facilitating the process of acquiring the land parcel. The site’s strategic location and zoning approvals were instrumental in the transaction.

Players

Victor Gudino

Nancy & Associates Realty

Broker

$1.2M

vol

1 deal

Broker

Market 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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