Mesirow Acquires Multifamily In Glenview For $88M
195 Waukegan Road, Glenview, Illinois 60025, United States
$88,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 15, 2022
AI
The multifamily property located at 195 Waukegan Rd in Glenview has been sold for a price of $88,000,000. The transaction took place on 09/16/2022. The property consists of 239 units, making the price per unit $368,201.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $88,000,000
- Address: 195 Waukegan Rd
- Market: Glenview
Mesirow represented the buyer in this deal. Natalie A. Brown from Mesirow served as the buyer's representative.
Glenview MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93