facebook
Traded Co logo
Submit

Joe Gerber Of Coldwell Banker Represents Buyer In Sale Of Highland Park Estate For $3.42M

Property Image
SOLD
$3,422,500
Joe Gerber
Rebecca Gilberg
Ellen Chuckerman

Illinois

See Similar Deals
Single Family Residence17,000 SF
Sold 10/16/2024
the dealplayerscompscontact
Property Image
SOLD

Joe Gerber Of Coldwell Banker Represents Buyer In Sale Of Highland Park Estate For $3.42M

86 Prospect Avenue

See Similar Deals
Single Family Residence17,000 SF
Sold 10/16/2024
Joe Gerber
Rebecca Gilberg
Ellen Chuckerman
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$201
Total Square Footage:17,000 SF
Transaction Type:Sale

This single-family asset located at 86 Prospect Avenue in Highland Park has a sale price of $3,422,500. The property encompasses approximately 17,000 square feet of finished living space and sits on .8 acres, featuring 7+ bedrooms and 9.3 bathrooms.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,422,500
  • Square Footage: 17,000
  • Address: 86 Prospect Avenue
  • Market: Highland Park
  • Price Per Square Foot: $201
  • Buyer's Representative: Joe Gerber - Coldwell Banker
  • Seller's Representatives: Rebecca Gilberg & Ellen Chukerman - Compass

Ellen Chukerman, Rebecca Gilberg, and Joe Tyler Gerber represented the sale of this estate, originally built by prolific north shore home builder, Keith Jacobs, for his personal residence. The property is located three houses from Lake Michigan, adding to its desirable location.

Players

Rebecca Gilberg
Compass
Rebecca Gilberg
2 deals$6.4M volume
BROKER
Joe Gerber
Coldwell Banker
Joe Gerber
17 deals$18.6M volume(847) 544-9666
BROKER
Ellen Chuckerman
Compass
Ellen Chuckerman
1 deal$3.4M volume(847) 507-5085
BROKER

Details

SOLD
IMAGE: Ellen Chukerman, Joe Gerber & Rebecca Gilberg DATE: 10/16/2024 ADDRESS: 86 Prospect Avenue MARKET: Highland Park ASSET TYPE: Single Family BUYER'S REP: Joe Gerber (@TheJoeGerber), (@JoetylerGerberRealEstate) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Rebecca Gilberg & Ellen Chukerman (@Chukerwoman) - Compass (@Compass) SALE PRICE: $3,422,500 SF: 17,000 ~ PPSF: $201 NOTE FROM BROKER: Ellen Chukerman, Rebecca Gilberg, and Joe Tyler Gerber were proud to represent the sale of this magnificent east highland park estate built by prolific north shore home builder, Keith Jacobs, for his personal residence. This custom-built, thoughtfully designed estate sits on .8 acres, three houses from Lake Michigan, with 7+ bedrooms, 9.3 bathrooms, and spans ~17,000 square feet of finished living space.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$182,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,159.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,224.40
Annual Debt Service$194,692.75