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217 E South St, Elmhurst, I...

Elmhurst Mansion Sells For Record-Breaking $4.2M
SOLDSingle Family Residence

Elmhurst Mansion Sells For Record-Breaking $4.2M

217 E South St, Elmhurst, IL 60126

$4,200,000

$427/SF

Building Size

9,815 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2023

AI

A six-bedroom mansion located at 217 East South Street in Elmhurst, DuPage County, has been sold for a record-breaking price of $4.2 million, making it the highest-priced home sale in the suburb's history. This French Normandy-style mansion sits on a spacious 0.6-acre lot and offers a luxurious living experience.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,200,000
  • Square Footage: 9,815 sqft
  • Price per Square Foot: $428
  • Address: 217 East South Street, Elmhurst, DuPage County
  • Market: Elmhurst

The mansion features extensive renovations and boasts 7 ½ bathrooms, providing ample convenience to its new owners. A custom staircase adds elegance to the property, while the basement offers entertainment spaces for gatherings and leisure activities. Additionally, the mansion includes an outdoor pool and spa, allowing residents to relax and enjoy the outdoors.

Tim Schiller of Tim Schiller Properties Christie’s International Real Estate represented the sellers in this noteworthy transaction, showcasing his expertise in the Elmhurst real estate market.

Players

Timothy Schiller

At Properties Commercial

Broker

$6.2M

vol

2 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93