Updated Dec 21, 2023
Trinity Brokerage, LLC Represents Buyer In $5M SFR Sale In South Barrington
61 East Palatine Road, South Barrington, Illinois 60010, United States
$5,000,000
$1,084/SF
Building Size
4,611 SF
Asset Type
Single Family Residence
Closing
Oct 4, 2022
About this deal
AI
The recently closed property transaction in South Barrington, IL involved a single-family residential property located at 61 East Palatine Road. Spanning across 70 acres, this property offers a spacious and serene setting for its future owner.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $5,000,000
- Address: 61 East Palatine Road, South Barrington, IL
- Market: South Barrington, IL
- Size: 4,611 sq. ft.
- Price per square foot: $1,084
The buyer in this transaction was represented by Cris Elias from Trinity Brokerage, LLC, while the seller was represented by Christie Baines and Lisa Bobby from Jameson Sotheby’s International Realty.
This successful sale demonstrated the attractiveness and appeal of the property, as evidenced by its market value and the expertise of the buyer's and seller's representatives involved in the deal. The transaction highlights the importance of professional representation in real estate negotiations, ensuring a smooth and satisfactory outcome for all parties involved.
Players
South Barrington Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93