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Lake Forest Multifamily Sells For $4.2M

Property Image
SOLD
$4,200,000

Illinois

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Single Family Residence15,000 SF
Sold 05/11/2023
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Property Image
SOLD

Lake Forest Multifamily Sells For $4.2M

500 N Green Bay Rd Lake Forest, IL 60045, USA

See Similar Deals
Single Family Residence15,000 SF
Sold 05/11/2023
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$280
Total Square Footage:15,000 SF
Transaction Type:Sale

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.

Players

Jena Radnay
At Properties Commercial
Jena Radnay
20 deals$201.9M volume
BROKER

Details

SOLD
IMAGE: ADDRESS: Lake Forest MARKET: ASSET TYPE: MultiFamily BUYER: SELLER: BUYER'S REP: SELLER'S REP: BROKERS: SALE PRICE: 4200000.0 UNITS: ~ PPU: Infinity$ SF: 0 PPSF: Infinity$ NOTE:

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

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71