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East 3800 North Road

Updated Dec 4, 2024

Land Parcel In Rankin Sold For $2.1M With Megan Deck - Deck Realty Group
SOLDLand

Land Parcel In Rankin Sold For $2.1M With Megan Deck - Deck Realty Group

East 3800 North Road

$2,100,000

Building Size

Asset Type

Land

Closing

Feb 5, 2024

About this deal

AI

In Rankin, a land parcel located at East 3800 North Road was sold for $2,100,000. The property is a land asset consisting of 155.91 acres. The transaction was facilitated by Megan Deck of Deck Realty Group as the broker.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,100,000
  • Address: East 3800 North Road
  • Market: Rankin
  • Acres: 155.91

Megan Deck of Deck Realty Group played a vital role as the broker for this sale.

The land sale at East 3800 North Road in Rankin, Illinois sold for $2.1M in 2024. East 3800 North Road is classified as Land on Traded. Megan Deck, Deck Realty Group appear on the sale alongside Deck Realty Group. This page is the Rankin, Illinois file for the East 3800 North Road land sold: pricing, party profiles, and other closed land comps from the same Rankin sit in the Market section below. Filter that Rankin land set by closing date to see what else sold near East 3800 North Road around 2024. Published consideration for East 3800 North Road is $2.1M, dated 2024. Cite this Land Parcel In Rankin Sold For $2.1M With Megan Deck - Deck Realty Group sale when underwriting similar land product around Rankin, Illinois.

Players

Megan Deck

Deck Realty Group

Broker

$2.1M

vol

1 deal

Broker

Rankin 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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