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1717 Shore Acres Drive, Lak...

Karen O’Kane Sells Lake Bluff Single Family Home For $7.1M With Lori Baker & Alissa McNicholas From Compass
SOLDSingle Family Residence

Karen O’Kane Sells Lake Bluff Single Family Home For $7.1M With Lori Baker & Alissa McNicholas From Compass

1717 Shore Acres Drive, Lake Bluff, Illinois 60044, United States

$7,094,000

$681/SF

Building Size

10,405 SF

Asset Type

Single Family Residence

Closing

Apr 11, 2022

AI

Located in Lake Bluff, the single-family property at 1717 Shore Acres Dr has been sold in a recent transaction. The property, measuring 10,405 square feet, was sold for a price of $7,094,000, resulting in a price per square foot of $682. The sale was finalized on April 12, 2022. The sellers of the property were Karen O’Kane and William O’Kane, representing Group Fox. The transaction was facilitated by Lori Baker and Alissa McNicholas of Compass.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,094,000
  • Square Footage: 10,405
  • Price per Square Foot: $682
  • Address: 1717 Shore Acres Dr
  • Market: Lake Bluff

The sale of this property represents a successful deal brokered by Lori Baker and Alissa McNicholas of Compass. They played a crucial role in facilitating the transaction between the sellers, Karen O’Kane and William O’Kane, and the buyer. With their expertise and guidance, the parties were able to reach a mutually beneficial agreement. This transaction further highlights the effectiveness of Compass as a trusted agency in the real estate market.

Players

Alissa McNicholas

Compass

Broker

$17.8M

vol

5 deals

Broker

Lake Bluff Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.24%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93