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Derrick Gragg Sells Glenview Single Family Home For $2.45 Million Represented By Paul Gorney

Property Image
SOLD
$2,450,000

Illinois

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Single Family5,770 SF
Sold 02/21/2025
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Property Image
SOLD

Derrick Gragg Sells Glenview Single Family Home For $2.45 Million Represented By Paul Gorney

1216 Oakwood Lane

See Similar Deals
Single Family5,770 SF
Sold 02/21/2025
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$424
Total Square Footage:5,770 SF
Transaction Type:Sale

The property involved in this transaction is located at 1216 Oakwood Lane in Glenview, featuring a single-family home built in 2008. The asset comprises of 5,770 square feet of living space on a 0.8-acre lot. The home consists of six bedrooms and includes amenities such as a wine cellar, theater room, and a four-car garage. The sale price was recorded at $2,450,000, with a price per square foot of $425.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,450,000
  • Address: 1216 Oakwood Lane
  • Market: Glenview
  • Acres: 0.8
  • Square Footage: 5,770
  • PPSF: $425
  • Seller: Derrick Gragg
  • Broker: Paul Gorney - EXP Realty

Derrick Gragg, the former athletic director of Northwestern, completed the sale of his property after a private listing in January. The transaction was conducted with an opaque land trust designated as the buyer, facilitating a seamless transfer of ownership.

Players

Paul Gorney
EXP Realty
Paul Gorney
6 deals$22M volume
BROKER

Details

SOLD
IMAGE: Derrick Gragg & Paul Gorney DATE: 02/21/2025 ADDRESS: 1216 Oakwood Lane MARKET: Glenview ASSET TYPE: Single Family ~ ACRES: 0.8 SELLER: Derrick Gragg BROKER: Paul Gorney - EXP Realty (@ExpRealty_) SALE PRICE: $2,450,000 SF: 5,770 ~ PPSF: $425 NOTE: Former Northwestern athletic director Derrick Gragg sold his 5,770-square-foot Glenview home for $2.45 million after listing it privately in January. The six-bedroom property, built in 2008, features a wine cellar, theater room, and four-car garage, with an opaque land trust as the buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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