Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Lake Bluff Single Family For $1.5M
552 Ravine Avenue, Lake Bluff, IL, USA
$1,500,000
$253/SF
Building Size
5,927 SF
Asset Type
Single Family Residence
Closing
Nov 12, 2020
About this deal
AI
A single-family home in Lake Bluff has been sold for $1,500,000, according to a recent transaction report. The property, which spans 5,927 square feet, was sold on November 13, 2020. The deal was facilitated by Alissa Knochel Morton and Michael D. Smith from Berkshire Hathaway HomeServices.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,500,000
- Square Footage: 5,927
- Market: Lake Bluff
The sale of the single-family home in Lake Bluff was successfully completed through the efforts of Alissa Knochel Morton and Michael D. Smith from Berkshire Hathaway HomeServices. Their expertise in the market and dedication to meeting their clients' needs ensured a smooth transaction process.
Players
Lake Bluff Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $253 per square foot on a published $1.5M for 5,927 square feet (2020).
Visit Berkshire Hathaway HomeServices to view all their deals.
Browse Illinois single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93