270 Par Five Drive

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270 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 land parcel measures approximately 0.23 acres in size.
  • Located at 270 Par Five Drive in DeKalb, Illinois.
  • The property is categorized as a single-family rental portfolio asset.
  • The site sits within a growing suburban market in the metro.
  • Investors may consider this for future residential development projects.

What's Special

This 0.23-acre parcel at 270 Par Five Drive in DeKalb, Illinois, serves as a strategic land holding within a established single-family rental submarket. DeKalb maintains a steady economic profile supported by regional infrastructure and its proximity to major transportation arteries connecting the greater Chicago metropolitan area. The site provides a flexible canvas for developers or investors focused on expanding residential housing options in a growth-oriented community. Given the existing zoning context and the local demand for housing, the asset is positioned to support single-family development projects tailored to current market needs. The layout of the lot accommodates various residential configurations, making it a viable addition to a residential investment portfolio or a development pipeline aimed at increasing density within the local housing sector.

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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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