Triad Real Estate Partners Sells Multifamily Property In Winnetka For $3.975M
460 Green Bay Road, Winnetka, Illinois 60093 & 460 Green Bay Road
$3,975,000
$120/SF
Building Size
32,896 SF
Asset Type
MultiFamily
Closing
Sep 23, 2022
AI
The Library Plaza Townhomes, located at 460 Green Bay Rd in Winnetka, have been sold in a recent transaction. The multifamily property consists of 8 units with a total square footage of 16,448. The sale price for this transaction was $3,975,000, resulting in a per unit price of $496,875 and a price per square foot of $242.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,975,000
- Units: 8
- Price Per Unit: $496,875
- Square Footage: 16,448
- Price Per Square Foot: $242
- Address: 460 Green Bay Rd, Winnetka
- Brokers: George Javaras, Brian DiBasilio & James Clough - Triad Real Estate Partners
Triad Real Estate Partners, represented by brokers George Javaras, Brian DiBasilio, and James Clough, facilitated the sale of the Library Plaza Townhomes in Winnetka.
Players
Winnetka 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
3.99%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93