Updated Oct 29, 2024
Riverforest Development LLC Sells Property At 1202 Waukegan Rd Glenview For $13.1M With Buyer's Rep Douglas Fisher
1202 Waukegan Rd, Glenview, IL, 60025
$13,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 1202 Waukegan Rd, Glenview, IL, 60025. It was sold for a price of $13,100,000.00 with a square footage of 0. This transaction took place in the Glenview market.
Summary of transaction details:
- Property Type: Apartment building
- Transaction Amount: $13,100,000.00
- Address: 1202 Waukegan Rd, Glenview, IL, 60025
- Market: Glenview
- Seller: Riverforest Development LLC
- Buyer: Unknown
- Buyer's Representative: Douglas Fisher - Essex Realty Group
The transaction was facilitated by Douglas Fisher and Vic Ciancetta of Essex Realty Group, representing the unknown buyer, who is an out-of-state private investor. The seller, Riverforest Development LLC, was represented by Matt Welke of Essex Realty Group.
On the Map
$13,100,000
MultiFamily
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Glenview 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
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93