Monarch Realty Partners Facilitates $13.6M Sale Of Mixed-Use Property In Libertyville
SOLD
$13,600,000
Illinois
See Similar DealsMixed-use
Sold 01/18/2022
SOLD
Monarch Realty Partners Facilitates $13.6M Sale Of Mixed-Use Property In Libertyville
115 Lake Street, Libertyville, Illinois 60048, United States
See Similar DealsMixed-use
Sold 01/18/2022
Summary
ILLINOIS
Asset Type:Mixed-use
Transaction Type:Sale
An mixed-use property located at 115 Lake St. in Libertyville recently sold for a total price of $13,600,000. The property consists of 39 units, with an average price per unit of $348,718.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $13,600,000
- Address: 115 Lake St.
- Market: Libertyville
- Units: 39
- Price Per Unit: $348,718
Bill Baumann & Michael Anguiano of Monarch Realty Partners represented the parties involved in this sale.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$725,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$48,317.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$64,470.94
Annual Debt Service$773,651.26
Is there something missing? Send suggestions