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Gerber Group Acquires Lake Forest SFR For $837K With Buyer's Rep Joe Gerber & Seller's Rep Allison Silver

Property Image
SOLD
$837,000
Allison Silver
Joe Gerber

Illinois

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Single Family Residence3,096 SF
Sold 08/29/2022
the dealplayerscompscontact
Property Image
SOLD

Gerber Group Acquires Lake Forest SFR For $837K With Buyer's Rep Joe Gerber & Seller's Rep Allison Silver

288 Ahwahnee Lane, Lake Forest, Illinois 60045, United States

See Similar Deals
Single Family Residence3,096 SF
Sold 08/29/2022
Allison Silver
Joe Gerber
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$270
Total Square Footage:3,096 SF
Transaction Type:Sale

Located at 288 Ahwahnee Ln in Lake Forest, this single-family home (SFR) was recently sold. The transaction took place on August 29, 2022, with a sale price of $837,000. The property spans across 3,096 square feet, resulting in a price per square foot of $270.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $837,000
  • SF: 3,096
  • PPSF: $270
  • Address: 288 Ahwahnee Ln, Lake Forest
  • Market: Lake Forest

Joe Gerber, representing Gerber Group from Engel & Völkers Chicago North Shore, acted as the buyer's representative in this transaction. The seller's representative, Allison Silver, was from Compass.

Players

Joe Gerber
Coldwell Banker
Joe Gerber
17 deals$18.6M volume(847) 544-9666
BROKER
Allison Silver
Compass
Allison Silver
2 deals$1.9M volume
BROKER
Engel & Völkers
Engel & Völkers
BROKERAGE

Details

SOLD
IMAGE: Joe Gerber & Allison Silver DATE: 08/29/2022 ADDRESS: 288 Ahwahnee Ln MARKET: Lake Forest ASSET TYPE: SFR BUYER'S REP: Joe Gerber (@TheJoeGerber) - Gerber Group (@GerberGroupChicago) - Engel & Völkers Chicago North Shore (@EVAmericas), (@EngelVolkersChicago), (@EngelVolkersChicagoNorthShore) SELLER'S REP: Allison Silver (@AllisonSilverRealEstate) - Compass (@compass.Chicago) SALE PRICE: $837,000 SF: 3,096 ~ PPSF: $270

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$44,640.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,973.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,967.81
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