Updated Sep 9, 2024
Alan V. Mitchell Sells Highland Park Single Family For $1.5M With Buyer's Rep Alexander Carr & Seller's Rep Michael Kaufman
Highland Park, IL, USA
$1,500,000
$150/SF
Building Size
10,000 SF
Asset Type
Single Family Residence
Closing
Jul 19, 2020
About this deal
AI
The single family property located in Highland Park has been sold at a price of $1,500,000. The transaction took place on July 19, 2021. The property spans across an area of 7,204 square feet and is situated on a 6.2-acre lot. The price per square foot for this property is $208, and the price per acre is approximately $241,935.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,500,000
- Market: Highland Park
The seller of the property is Alan V. Mitchell. Alexander Carr, representing Cane Realty, acted as the buyer's representative in the deal. On the seller's side, Michael Kaufman from Jameson Sotheby’s Intl Realty served as the seller's representative.
Players
Highland Park Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $150 per square foot on a published $1.5M for 10,000 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93