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Marc Lifshin's Core Spaces Sells Winnetka Single Family For $5.2M With Buyer's Rep Catherine Caravette & Seller's Rep Jena Radnay

Property Image
SOLD
$5,200,000

Illinois

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Single Family Residence4 SF
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Property Image
SOLD

Marc Lifshin's Core Spaces Sells Winnetka Single Family For $5.2M With Buyer's Rep Catherine Caravette & Seller's Rep Jena Radnay

473 Sheridan Road, Winnetka, Illinois 60093, United States

See Similar Deals
Single Family Residence4 SF
Sold 03/01/2023
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Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$1,300,000
Total Square Footage:4 SF
Transaction Type:Sale

Situated in Winnetka, the property at 473 Sheridan Road recently changed hands in a closed transaction. This single-family home, with a total area of 4,368 square feet, was sold for a price of $5,200,000. The sale price translates to approximately $1,190 per square foot, reflecting the desirability of this asset in the market.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $5,200,000
  • Date: 01/03/2023
  • Address: 473 Sheridan Road, Winnetka

Representing the seller, Jena Radnay from @properties Christie's International Real Estate facilitated the deal, while Marc Lifshin, the seller from Core Spaces, finalized the transaction. Catherine Caravette from Conlon Commercial acted as the buyer's representative, ensuring a smooth negotiation process.

Players

Jena Radnay
20 deals$201.9M volume
BROKER

Details

SOLD
IMAGE: Jena Radnay & Marc Lifshin DATE: 01/03/2023 ADDRESS: 473 Sheridan Road MARKET: Winnetka ASSET TYPE: Single Family SELLER: Marc Lifshin - Core Spaces (@CoreSpaces) BUYER'S REP: Catherine Caravette - Conlon Commerical (@Conlon_Commercial) SELLER'S REP: Jena Radnay (@JenaRadnayRealEstate) - @properties Christie’s International Real Estate SALE PRICE: $5,200,000 SF: 4,368 ~ PPSF: $1,190

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

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
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