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1133 Mayfair Lane

Updated Dec 4, 2024

Elise Rinaldi & Susan Maman Of Christie's International Real Estate Complete Sale Of Land In Glencoe For $1.35M
SOLDLand

Elise Rinaldi & Susan Maman Of Christie's International Real Estate Complete Sale Of Land In Glencoe For $1.35M

1133 Mayfair Lane

$1,349,500

Building Size

Asset Type

Land

Closing

Aug 23, 2024

About this deal

AI

A 0.54-acre lot located at 1133 Mayfair Lane in Glencoe has been sold for $1,349,500. This asset provides 117 feet of frontage and is within walking distance to essential amenities such as schools, golf courses, and nature trails. It is also permitted for a build of up to 6,487 square feet, according to village regulations.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,349,500
  • Lot Size: 0.54 acres
  • Address: 1133 Mayfair Lane
  • Market: Glencoe

The transaction was facilitated by brokers Elise Rinaldi and Susan Maman, who represent properties at Christie's International Real Estate.

Players

Elise Rinaldi

@Properties Christie's International Real Estate

Broker

$1.3M

vol

1 deal

Broker

Glencoe Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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