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St. Charles, IL, USA

Robin Phelps & Anne Kearns Sell 26-acre Single Family Property In St. Charles, IL. RE/MAX Professionals Represents Buyer
SOLDSingle Family Residence

Robin Phelps & Anne Kearns Sell 26-acre Single Family Property In St. Charles, IL. RE/MAX Professionals Represents Buyer

St. Charles, IL, USA

$2,400,000

$141/SF

Building Size

17,000 SF

Asset Type

Single Family Residence

Closing

Sep 3, 2021

AI

Anne Kearns & Robin Phelps Properties have closed a successful transaction in St. Charles, Il, involving a single-family property on a spacious 26-acre lot. The property, owned by Melissa Butcher and Jon D. Butcher of Precious Moments, was sold for a total price of $2,400,000. With an impressive size of 17,000 square feet, the property offers ample space for comfortable living. The price per square foot was calculated at $141, providing insight into the value of this remarkable estate.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $2,400,000
  • Market: St. Charles, Il
  • Acres: 26
  • Seller: Melissa Butcher; Jon D. Butcher - Precious Moments
  • Buyer's Representative: Marcin Tendera - RE/MAX Professionals
  • Seller's Representative: Anne Kearns & Robin Phelps Properties
  • Square footage: 17,000
  • Price per square foot: $141

This deal was made possible with the assistance of Marcin Tendera, representing the buyer from RE/MAX Professionals, and Anne Kearns & Robin Phelps Properties, who served as the seller's representatives. Their expertise and negotiation skills were instrumental in finalizing this successful transaction. Congratulations to all parties involved!

Players

Marcin Tendera

Re/Max

Broker

$2.4M

vol

1 deal

Broker

Saint Charles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93