Updated Dec 21, 2023
Steven Aisen Properties Acquires Development Site In Winnetka, IL For $1.4M
490 Cherry St, Winnetka, IL, USA
$1,400,000
$133/SF
Building Size
10,500 SF
Asset Type
Development Site
Closing
May 28, 2020
About this deal
AI
An development site located at 490 Cherry St in Winnetka, IL was recently sold for $1,400,000. The sale took place on May 28, 2021.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,400,000
- Address: 490 Cherry St, Winnetka, IL
- Market: Winnetka, IL
The buyer's representative in this transaction was Steven Aisen Properties. On the other hand, John Phillips - Jameson Sotheby's International Realty served as the seller's representative.
John Phillips & Steven Aisen were the individuals involved in facilitating this deal.
Players
Winnetka Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93