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209 East Lake Shore Drive

Shelley & William F. Farley Sell Single Family Co-op In Chicago For $7.5M
SOLDSingle Family

Shelley & William F. Farley Sell Single Family Co-op In Chicago For $7.5M

209 East Lake Shore Drive

$7,500,000

$625/SF

Building Size

12,000 SF

Asset Type

Single Family

Closing

Nov 20, 2025

AI

A single-family co-op located at 209 East Lake Shore Drive in Chicago was sold for $7,500,000. The property spans 12,000 square feet and features seven bedrooms. The price per square foot calculated for this sale is $625. This residence was originally listed for more than double the final sale price in 2023 and has undergone multiple price adjustments before the closing.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $7,500,000
  • Address: 209 East Lake Shore Drive
  • Market: Chicago
  • Square Footage: 12,000
  • Price Per Square Foot: $625
  • Seller: Shelley & William F. Farley
  • Broker: Jeffrey Lowe - Compass

William F. Farley and his wife have sold their co-op, which also includes six fireplaces, a library, and two guest apartments. The identity of the buyer remains undisclosed after the completion of the transaction.

Players

Jeffrey Lowe

Compass

Broker

$95.8M

vol

30 deals

Broker
Compass
CompassBrokerage

Chicago Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93