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1126 Michigan Avenue, Wilme...

Updated Oct 29, 2024

Nasrin Thierer, Mark Thierer - Rightway Healthcare Acquire SFR In Wilmette For $8M
SOLDSingle Family Residence

Nasrin Thierer, Mark Thierer - Rightway Healthcare Acquire SFR In Wilmette For $8M

1126 Michigan Avenue, Wilmette, IL, USA

$8,000,000

$966/SF

Building Size

8,282 SF

Asset Type

Single Family Residence

Closing

Oct 21, 2020

About this deal

AI

Nasrin Thierer and Mark Thierer, representing Rightway Healthcare, have purchased a single-family residential property located at 1126 Michigan Avenue in Wilmette. The property was sold by Mary and Bradford Whitmore. The transaction, which took place on October 22, 2020, had a sale price of $8,000,000. The property spans across 8,282 square feet, resulting in a price per square foot of $966.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $8,000,000
  • Address: 1126 Michigan Avenue, Wilmette
  • Market: Wilmette
  • Buyer: Nasrin Thierer, Mark Thierer - Rightway Healthcare
  • Seller: Mary & Bradford Whitmore
  • Buyer's Representative: Debbie Hepburn - @Properties
  • Seller's Representative: Dinny Dwyer - Coldwell Banker Realty
  • Property Size: 8,282 square feet
  • Price per Square Foot: $966

Debbie Hepburn from @Properties represented the buyer, Nasrin Thierer and Mark Thierer, in this transaction. Dinny Dwyer from Coldwell Banker Realty represented the seller, Mary and Bradford Whitmore. The deal was closed successfully, resulting in the sale of the property for $8,000,000.

Players

Dinny Dwyer

Coldwell Banker

Broker

$13.2M

vol

2 deals

Broker

Wilmette Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $966 per square foot on a published $8M for 8,282 square feet (2020).

Visit Dinny Dwyer to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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