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
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