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1121 Waukegan Road, Deerfie...

Updated Dec 21, 2023

Baird & Warner Libertyville's Melissa Rigoni Acquires Multifamily In Deerfield For $1.02M
SOLDMultiFamily

Baird & Warner Libertyville's Melissa Rigoni Acquires Multifamily In Deerfield For $1.02M

1121 Waukegan Road, Deerfield, IL, USA

$1,020,000

$78/SF

Building Size

12,998 SF

Asset Type

MultiFamily

Closing

Jan 28, 2021

About this deal

AI

The multifamily property located at 1121 Waukegan Road in Deerfield has been sold for a total price of $1,020,000. This property consists of 7 units, with a per unit price of $145,714.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,020,000
  • Address: 1121 Waukegan Road
  • Market: Deerfield

The buyer's representative for this deal was Melissa Rigoni from Baird & Warner Libertyville, while the seller's representative was Nick Powers from Baird & Warner Evanston.

The multifamily sale at 1121 Waukegan Road, Deerfield, IL, USA in Deerfield, Illinois sold for $1M in 2021. Reported inventory is 12,998 square feet across 7 units, or about 78 per square foot. Melissa Rigoni, Nick Powers, Baird & Warner appear on the sale alongside Baird & Warner. This page is the Deerfield, Illinois file for the 1121 Waukegan Road, Deerfield, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Deerfield sit in the Market section below. Filter that Deerfield multifamily set by closing date to see what else sold near 1121 Waukegan Road, Deerfield, IL, USA around 2021. Published consideration for 1121 Waukegan Road, Deerfield, IL, USA is $1M, dated 2021. Cite this Baird & Warner Libertyville's Melissa Rigoni Acquires Multifamily In Deerfield For $1.02M sale when underwriting similar multifamily product around Deerfield, Illinois.

Players

Nick Powers

Baird & Warner

Broker

$1M

vol

1 deal

Broker

Deerfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $78 per square foot on a published $1M for 12,998 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.55%

Cash-on-Cash

-4.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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