262 Par Five Drive

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262 Par Five Drive

DeKalb, IL 60115
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site encompasses a total area of 0.23 acres.
  • Located at 262 Par Five Drive in DeKalb, Illinois.
  • Property is categorized as land for residential development.
  • Suitable for a single-family rental portfolio or new construction.
  • Situated in the growing suburban landscape of the Chicago region.

What's Special

Spanning 0.23 acres at 262 Par Five Drive, this parcel of land is positioned within the DeKalb, Illinois market. DeKalb serves as a growing suburban hub in the Chicago metropolitan area, characterized by its steady educational presence and diversified local economy. This site provides a straightforward foundation for development projects, particularly well-suited for the construction of residential housing or a single-family rental portfolio. Investors and developers may find the scale of this lot appropriate for residential infill strategies. Its location benefits from the regional connectivity typical of the area, offering convenient access to local infrastructure and neighboring municipal centers. The land represents a functional acquisition for those looking to expand their residential holdings in this established northern Illinois community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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