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460 Green Bay Road, Winnetk...

Triad Real Estate Partners Sells Multifamily Property In Winnetka For $3.975M
SOLDMultiFamily

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:

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

Brian DiBasilio

Triad Real Estate Partners

Broker

$39.7M

vol

9 deals

Broker

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