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
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