Updated Sep 9, 2024
Lou Ayeni Sells Glenview SFR For $1.45M With Buyer's Rep Joel Holland
$1,450,000
$362/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
May 5, 2023
About this deal
AI
The Glenview property at [ADDRESS] has sold for $1,450,000. This single-family home spans 4,000 square feet and was sold at a price per square foot of $363. The property was listed for its asking price and received multiple offers, leading to a successful sale within nine days on the market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,450,000
- Market: Glenview
- Buyer's Representative: Joel Holland - Keller Williams ONEChicago
- Seller: Lou Ayeni
- Seller's Representatives: Pam MacPherson & Lori Hooten - Christie's International Real Estate
Prior to the sale, the property was purchased by Lou Ayeni, a former Northwestern University running backs coach, and his wife, Patrice, for $1.1 million in 2018. Its desirable features and competitive pricing contributed to its swift sale, attracting multiple interested buyers.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $362 per square foot on a published $1.5M for 4,000 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93