Updated Feb 5, 2025
Mesirow Acquires Multifamily In Glenview For $88M
195 Waukegan Road, Glenview, Illinois 60025, United States
$88,000,000
Units
239
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
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.
The multifamily sale at 195 Waukegan Road, Glenview, Illinois 60025, United States in Glenview, Illinois sold for $88M in 2022. Reported inventory is 239 units across 239 units. Named participants on the 195 Waukegan Road, Glenview, Illinois 60025, United States sale are Natalie Brown. This page is the Glenview, Illinois file for the 195 Waukegan Road, Glenview, Illinois 60025, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Glenview sit in the Market section below. Filter that Glenview multifamily set by closing date to see what else sold near 195 Waukegan Road, Glenview, Illinois 60025, United States around 2022. Published consideration for 195 Waukegan Road, Glenview, Illinois 60025, United States is $88M, dated 2022. Cite this Mesirow Acquires Multifamily In Glenview For $88M sale when underwriting similar multifamily product around Glenview, Illinois.
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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93