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Oak Brook Mansion Sets Record With $4.75M Sale

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SOLD
$4,750,000

Illinois

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Single Family Residence6,671 SF
Sold 06/20/2023
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Property Image
SOLD

Oak Brook Mansion Sets Record With $4.75M Sale

412 Fox Trail Ln Oak Brook, IL 60523, USA

See Similar Deals
Single Family Residence6,671 SF
Sold 06/20/2023
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Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$712
Total Square Footage:6,671 SF
Transaction Type:Sale

An Oak Brook mansion located at 412 Fox Trail Lane has recently sold for $4.75 million, marking a 15-year record for the highest home sale in the area. Situated in the Hunter Trails neighborhood, this contemporary-style mansion boasts a wood and stone facade and offers a spacious living area spanning 6,671 square feet. The property also features a swimming pool, adding to its allure.

Summary of transaction details

Handling the deal, the buyer's representative was Michael LaFido from EXP Realty, while the seller's representative was Dawn McKenna from Coldwell Banker. With their expertise, the transaction was successfully completed, setting a new record for residential sales in Oak Brook. The purchasers now have the privilege of calling this stunning mansion their home.

Players

Dawn McKenna
14 deals$76.3M volume
BROKER

Michael LaFido
Luxe Group
7 deals$27.4M volume
BROKER

Details

SOLD
IMAGE: Michael LaFido & Dawn McKenna DATE: 06/20/2023 ADDRESS: 412 Fox Trail Lane MARKET: Oak Brook ASSET TYPE: SFR BUYER'S REP: Michael LaFido (@Realmichaellafido) - EXP Realty (@EXPRealty_) SELLER'S REP: Dawn McKenna (@TheDawnMckennaGroup) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $4,750,000 SF: 6,671 ~ PPSF: $712 NOTE: An Oak Brook mansion recently sold for $4.75 million, setting a 15-year record for the highest home sale in the area. The contemporary-style mansion, located in the Hunter Trails neighborhood, features 6,671 square feet of living space, a wood and stone facade, and a swimming pool.

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

$253,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,875.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,517.42
Annual Debt Service$270,209.08