facebook
Traded Co logo
Submit

Lake Forest Single Family Acquired For $5.75M By Karina Kolb-Formento And Sold By Elizabeth Wieneke

Property Image
SOLD
$5,750,000

Illinois

See Similar Deals
Single Family Residence5 SF
Sold 01/10/2023
the dealplayerscompscontact
Property Image
SOLD

Lake Forest Single Family Acquired For $5.75M By Karina Kolb-Formento And Sold By Elizabeth Wieneke

367 Bluffs Edge Drive, Lake Forest, Illinois 60045, United States

See Similar Deals
Single Family Residence5 SF
Sold 01/10/2023
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$1,150,000
Total Square Footage:5 SF
Transaction Type:Sale

A single-family property located at 367 Bluffs Edge Dr in Lake Forest has been sold for $5,750,000. The property spans 2.2 acres and boasts 5,000 square feet of living space. The sale price per square foot is $1,150, reflecting the value of the home in the Lake Forest market. The transaction took place on January 10, 2023, and was captured in an image posted by Elizabeth Wieneke on Instagram.

Summary of transaction details

  • Property Type: Single Family
  • Sale Price: $5,750,000
  • Address: 367 Bluffs Edge Dr
  • Market: Lake Forest
  • Asset Type: Single Family
  • Acres: 2.2

Karina Kolb-Formento from @properties Christie's International Real Estate represented the buyer in this transaction, while Elizabeth Wieneke from Compass served as the seller's representative. The involvement of these key individuals highlights the expertise and professionalism brought to the deal by both parties.

Players

Elizabeth Wieneke
3 deals$16.9M volume(847) 732-4039
BROKER

Details

SOLD
IMAGE: Elizabeth Wieneke DATE: 01/10/2023 ADDRESS: 367 Bluffs Edge Dr MARKET: Lake Forest ASSET TYPE: Single Family ~ ACRES: 2.2 BUYER'S REP: Karina Kolb-Formento - @properties Christie's International Real Estate SELLER'S REP: Elizabeth Wieneke (@ElizabethWienekeRealtor) - Compass (@Compass) SALE PRICE: $5,750,000 SF: 5,000 ~ PPSF: $1,150

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$306,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20