Condo Association Sells Property At 1143 Deerfield Rd Deerfield For $6.15M With 33 Realty Reps
1143 Deerfield Rd, Deerfield, IL, 60015
$6,150,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The property at 1143 Deerfield Rd, Deerfield, IL, 60015, has been sold for $6,150,000.00. Known as Deerfield Gardens, it consists of 36 condominiums, including a mix of townhomes, two-bedroom, and one-bedroom units. The property spans 2.2 acres and features amenities such as central air conditioning, hardwood floors, spacious layouts, and on-site storage. It is conveniently located across the street from Maplewood Park and is within walking distance to both the Metra Station and Walgreens corporate offices.
Summary of transaction details:
- Property Type: Condominium
- Transaction Amount: $6,150,000.00
- Address: 1143 Deerfield Rd, Deerfield, IL, 60015
- Market: Deerfield
- Buyer's Representative: Matthew Petersen-33 Realty
- Seller's Representative: John Meyer-33 Realty
- Buyer: Unknown
- Seller: Condo Association
John Meyer, Sean Connelly, and Matt Petersen of 33 Realty represented both the buyer and the seller in this transaction. Their involvement highlights the agency's role in facilitating the successful sale of the property, ensuring a smooth process for both parties.
Players
Deerfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93