Essex Realty Group Facilitates $3.18M Sale Of Mixed-Use Property In Winnetka, IL
910 Green Bay Road, Wilmette, Illinois 60091, United States
$3,180,000
$361/SF
Building Size
8,786 SF
Asset Type
Mixed-use
Closing
Sep 30, 2022
About this deal
AI
The mixed-use property located at 910-914 Green Bay Road in Winnetka, IL, has been sold for a total price of $3,180,000. The property consists of a total area of 8,786 square feet, resulting in a price per square foot of $362. This property is situated in the main retail district of Hubbard Woods in Winnetka.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,180,000
- Address: 910-914 Green Bay Road, Winnetka, IL
- Market: Winnetka, IL
- Square Footage: 8,786
- Price Per Square Foot: $362
Congratulations to Essex Realty Group, Inc for representing both the buyer and the seller in this transaction. The seller was represented by Jim Darrow and Jordan Gottlieb, who are principals at Essex Realty Group, while the buyer was represented by Rick Ofman, a director at the agency. The property includes a total of five units, comprising four commercial spaces and one residential apartment. If you have any further questions about this sale or would like to explore other opportunities in the area, feel free to reach out to Essex Realty Group, Inc.
Players
Winnetka Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.99%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93