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263 North Mayflower Road, L...

Berkshire Hathaway HomeServices Chicago Acquires Single Family Property In Lake Forest For $12.9M
SOLDSingle Family Residence

Berkshire Hathaway HomeServices Chicago Acquires Single Family Property In Lake Forest For $12.9M

263 North Mayflower Road, Lake Forest, Illinois 60045, United States

$12,925,000

$1,175,000/SF

Building Size

11 SF

Asset Type

Single Family Residence

Closing

Nov 17, 2022

AI

The single family property located at 263 N Mayflower Rd in Lake Forest has been sold for $12,925,000. The transaction took place on November 17, 2022. The property spans over 5.23 acres and has a total square footage of 11,846. The price per square foot comes out to $1,091.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $12,925,000
  • Address: 263 N Mayflower Rd
  • Market: Lake Forest
  • Asset Type: Single Family
  • Acres: 5.23

The buyer's representative in this deal was Mona Hellinga from Berkshire Hathaway HomeServices Chicago. The seller's representative was Ann Lyon from @properties Christie's International Real Estate.

Players

Ann Lyon

At Properties Commercial

Broker

$49.7M

vol

7 deals

Broker

Lake Forest 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

1.23%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93