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Properties Christie's Real Estate Sells Single Family Home In Wilmette, IL For $3.675M

Property Image
SOLD
$3,675,000
Lori Nieman
Justin Tesar
Aly Tesar

Illinois

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Single Family7,000 SF
Sold 11/27/2023
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Property Image
SOLD

Properties Christie's Real Estate Sells Single Family Home In Wilmette, IL For $3.675M

1101 Chestnut Avenue

See Similar Deals
Single Family7,000 SF
Sold 11/27/2023
Lori Nieman
Justin Tesar
Aly Tesar
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$525
Total Square Footage:7,000 SF
Transaction Type:Sale

The single-family property located at 1101 Chestnut Avenue in Wilmette, IL has been sold for a price of $3,675,000. The property spans across 7,000 square feet, resulting in a price per square foot of $525. The transaction took place on November 27, 2023.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,675,000
  • Address: 1101 Chestnut Avenue, Wilmette, IL
  • Market: Wilmette, IL
  • Buyer's Representative: Lori Nieman - Properties Christies Real Estate
  • Seller's Representative: Aly Tesar & Justin Tesar - Properties Christies Real Estate
  • Square Footage: 7,000
  • Price per Square Foot: $525

Lori Nieman from Properties Christies Real Estate represented the buyer in this transaction, while Aly Tesar and Justin Tesar, also from Properties Christies Real Estate, represented the seller.

Players

Aly Tesar
Christie's International Real Estate
Aly Tesar
2 deals$4.8M volume
BROKER
Justin Tesar
Christie's International Real Estate
Justin Tesar
2 deals$4.8M volume
BROKER
Lori Nieman
@Properties Christie's International Real Estate
Lori Nieman
9 deals$47.7M volume(312) 343-7070
BROKER

Details

SOLD
IMAGE: Lori Nieman, Justin Tesar & Aly Tesar DATE: 11/27/2023 ADDRESS: 1101 Chestnut Avenue MARKET: Wilmette, IL ASSET TYPE: Single Family BUYER'S REP: Lori Nieman (@LoriNiemanRealEstate) - @properties Christies Real Estate (@AtProperties) SELLER'S REP: Aly Tesar (@AlyTesar) & Justin Tesar (@Tesar23_RealEstate) - @properties Christies Real Estate (@AtProperties) SALE PRICE: $3,675,000 SF: 7,000 ~ PPSF: $525

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$196,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,056.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,421.37
Annual Debt Service$209,056.50