Lot 005 Rosewood Street

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Lot 005 Rosewood Street

Wilmington, IL 60481
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).

  • Residential land parcel offered for purchase in Wilmington Illinois
  • Total lot size measures exactly 0.22 acres of land
  • Designated as a single family rental portfolio development site
  • Located at the Rosewood Street parcel identified as Lot 005
  • Provides a strategic development opportunity for residential investors

What's Special

This land parcel is available for sale, offering a strategic asset for investors looking to expand their single family rental portfolio within the Wilmington market. The property encompasses 0.22 acres, providing a manageable footprint suitable for residential development projects aimed at meeting local housing demand. Wilmington benefits from its position within the broader metro area, characterized by steady growth and accessible infrastructure that supports residential expansion. Builders and developers will find this site efficient for new construction initiatives intended to serve the regional rental market. Its classification as a single family rental portfolio asset aligns with current investment strategies focused on adding quality housing stock to the community. Proximity to local transportation corridors and established residential services makes this an option for those seeking to build or hold long-term assets in this specific submarket.

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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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