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:
- Property Type: Land
- Transaction Amount: $1,150,000
- Address: 17002 Cicero Avenue
- Market: Country Club Hills
- Acres: 4
- Brokers: Krysta Gudino & Victor Gudino - Nancy & Associates Realty
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
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