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700 Green Bay Road, Winnetk...

Updated Oct 28, 2024

Roger Daniel's DMG Capital Acquires Multifamily Portfolio In Wilmette & Winnetka For $12.2M
SOLDMultiFamily

Roger Daniel's DMG Capital Acquires Multifamily Portfolio In Wilmette & Winnetka For $12.2M

700 Green Bay Road, Winnetka, IL, USA

$12,225,000

Units

27

Asset Type

MultiFamily

Closing

Oct 6, 2021

About this deal

AI

601-617 Park Avenue, 3115-3119 Lake Avenue, 700- 708 & 726-738 Green Bay Road in Wilmette & Winnetka have been sold in a multifamily transaction.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,225,000
  • Units: 27
  • Price per Unit: $452,778

Roger Daniel, representing DMG Capital - Daniel Management Group, was the buyer in this transaction. The brokers involved in the deal were Doug Imber and Kate Varde from Essex Realty.

The multifamily sale at 700 Green Bay Road, Winnetka, IL, USA in Winnetka, Illinois sold for $12.2M in 2021. Reported inventory is 27 units across 27 units. Doug Imber, Kate Varde, Essex Realty Group appear on the sale alongside Essex Realty Group. This page is the Winnetka, Illinois file for the 700 Green Bay Road, Winnetka, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Winnetka sit in the Market section below. Filter that Winnetka multifamily set by closing date to see what else sold near 700 Green Bay Road, Winnetka, IL, USA around 2021. Published consideration for 700 Green Bay Road, Winnetka, IL, USA is $12.2M, dated 2021. Cite this Roger Daniel's DMG Capital Acquires Multifamily Portfolio In Wilmette & Winnetka For $12.2M sale when underwriting similar multifamily product around Winnetka, Illinois.

Players

Doug Imber

Essex Realty Group

Broker

$241.8M

vol

29 deals

Broker

Winnetka MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $452.8K per unit across 27 units on a published $12.2M (2021).

Visit Doug Imber to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.30%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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