Updated Sep 9, 2024
Joe Gerber's Glenview SFR Sold For $1.05M
241 Greenwood Road, Glenview, Illinois 60025, United States
$1,050,000
$157/SF
Building Size
6,671 SF
Asset Type
Single Family Residence
Closing
Apr 19, 2022
About this deal
AI
Located at 241 Greenwood Avenue in Glenview, this single-family home (SFR) has been recently sold. The property spans over 6,671 square feet, providing ample space for the new owners. The sale price for this transaction was $1,050,000, resulting in a price per square foot (PPSF) of $157. With an asking price of $1,395,000, the final sale price indicates a successful negotiation on behalf of the buyers.
Summary of transaction details:
- Property Type: Single Family Home (SFR)
- Transaction Amount: $1,050,000
- Market: Glenview
- Date: 04/20/2022
- Buyer's Representative: Deborah Miller Cohen - Baird & Warner
- Seller's Representative: Joe Gerber - Gerber Group & Engel & Völkers Chicago North Shore
Deborah Miller Cohen, from Baird & Warner, represented the buyers in this transaction, ensuring their interests were well-represented throughout the negotiation process. On the other side, Joe Gerber of the Gerber Group, alongside Engel & Völkers Chicago North Shore, acted as the seller's representative. Their expertise in the Glenview market played a crucial role in achieving the highest priced sale in Southwest Glenview in at least 40 years.
Players
Glenview Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $157 per square foot on a published $1.1M for 6,671 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93