Updated Nov 24, 2023
Jack Dempsey Sells Lake Forest Single Family Home For $6M With Buyer's Rep William Squires - Real 1 Realty And Seller's Rep Dominick Clarizio & Judie Fiandaca - Properties Christie’s International Real Estate
Lake Forest, Illinois, United States
$6,000,000
$857,142/SF
Building Size
7 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2023
About this deal
AI
The single family home located in Lake Forest was recently sold for $6,000,000. With 7,598 square feet, the property offers ample space for comfortable living. The sale price per square foot was $790, indicating the desirable nature of this home. The transaction took place on January 31, 2023, making it a recent addition to the real estate market. The property was sold by Jack Dempsey.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,000,000
- Square Footage: 7,598
- Price per Square Foot: $790
- Market: Lake Forest
William Squires from Real 1 Realty represented the buyer in this transaction, providing guidance and expertise in securing the purchase. Dominick Clarizio and Judie Fiandaca, affiliated with properties Christie's International Real Estate, acted as the seller's representatives. Their experience and knowledge of the real estate market helped facilitate the sale of this property.
Players
Lake Forest Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $857.1K per square foot on a published $6M for 7 square feet (2023).
Browse Illinois single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93