Updated Sep 9, 2024
Lake Forest Multifamily Sells For $4.2M
500 N Green Bay Rd Lake Forest, IL 60045, USA
$4,200,000
$280/SF
Building Size
15,000 SF
Asset Type
Single Family Residence
Closing
May 10, 2023
About this deal
AI
The multi-family property located in Lake Forest has been sold in a recent transaction. The property consists of an unspecified number of units with a sale price of $4,200,000. The sale price per unit and per square foot cannot be determined as the details of the square footage are not provided.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,200,000
The buyer and seller of the property have not been disclosed, and no representatives are mentioned in the transaction. The brokers involved in the deal are also unspecified.
Chicago Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $280 per square foot on a published $4.2M for 15,000 square feet (2023).
Visit Jena Radnay to view all their deals.
Browse Chicago single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93