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Joe Gerber Of Coldwell Banker Represents Buyer In $1.18M Sale Of Highland Park Single Family Home

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SOLD
$1,180,000

Illinois

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Single Family Residence4,463 SF
Sold 12/19/2024
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Property Image
SOLD

Joe Gerber Of Coldwell Banker Represents Buyer In $1.18M Sale Of Highland Park Single Family Home

1437 Mcdaniels Avenue

See Similar Deals
Single Family Residence4,463 SF
Sold 12/19/2024
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Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$264
Total Square Footage:4,463 SF
Transaction Type:Sale

The property located at 1437 Mcdaniels Avenue in the Highland Park market is a single-family home. This asset was sold for $1,180,000, comprises 4,463 square feet, and has a price per square foot of $264.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,180,000
  • Square Footage: 4,463
  • Price per Square Foot: $264
  • Address: 1437 Mcdaniels Avenue
  • Market: Highland Park
  • Buyer's Representative: Joe Gerber - Coldwell Banker
  • Seller's Representative: Erik Gimbel - EXP Realty

The transaction involved Joe Gerber representing the buyer, and Erik Gimbel representing the seller, indicating collaboration between two real estate agencies, Coldwell Banker and EXP Realty, in facilitating the sale of the property.

Players

Joe Gerber
17 deals$18.6M volume(847) 544-9666
BROKER

Erik Gimbel
EXP Realty
2 deals$3M volume(847) 530-3704
BROKER

Details

SOLD
IMAGE: Erik Gimbel & Joe Gerber DATE: 12/19/2024 ADDRESS: 1437 Mcdaniels Avenue MARKET: Highland Park ASSET TYPE: Single Family BUYER'S REP: Joe Gerber (@TheJoeGerber) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Erik Gimbel (@ErikGimbelrealtor) - EXP Realty (@ExpRealty_) SALE PRICE: $1,180,000 SF: 4,463 ~ PPSF: $264

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
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