Updated Dec 22, 2023
Marlene Leon & Lauer Baby Properties Represent Buyer And Seller In $8M Winnetka Single Family Sale
711 Locust Street, Winnetka, Illinois 60093, United States
$8,000,000
$892/SF
Building Size
8,962 SF
Asset Type
Single Family Residence
Closing
Dec 23, 2021
About this deal
AI
The single-family property located at 711 Locust St in Winnetka has been sold for a price of $8,000,000. The property sits on a spacious 1.34-acre lot and offers a total of 8,962 square feet of living space. The transaction took place on December 23, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,000,000
- Address: 711 Locust St
- Market: Winnetka
- Asset Type: Single Family
- Acres: 1.34
The sellers of the property were Paul St. John and Meinhard St. John. Representing the buyers in this transaction was Marlene Leon of Marlene Leon Properties. On the other hand, Lauer Baby Properties acted as the seller's representative. The sale price of $8,000,000 translates to a price per square foot of $893.
Players
Winnetka 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93