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Steffi & Will Galvin Sell Winnetka Mansion For $5.1M With Jameson Sotheby's Agents

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SOLD
$5,100,000

Illinois

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Single Family9,744 SF
Sold 10/20/2023
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SOLD

Steffi & Will Galvin Sell Winnetka Mansion For $5.1M With Jameson Sotheby's Agents

35 Indian Hill Road

See Similar Deals
Single Family9,744 SF
Sold 10/20/2023
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Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$523
Total Square Footage:9,744 SF
Transaction Type:Sale

The property at 35 Indian Hill Road in Winnetka was sold for $5,100,000. Spanning 9,744 square feet, the single-family home was acquired for approximately $523 per square foot.

Summary of transation details:

Will Galvin, the great-grandson of Motorola's co-founder, finalized the sale of his Winnetka mansion for $5.1 million. This transaction marked the 27th Chicago-area sale surpassing $5 million in 2023. Notably, the property changed hands for a figure slightly higher than the $4.9 million the Galvins paid for it back in 2017.

Players

Linda Levin
8 deals$21.8M volume
BROKER

Karen Stroble
Sotheby's International Realty
1 deal$5.1M volume(847) 420-9114
BROKER

Nancy Nugent
Sotheby's International Realty
2 deals$11.9M volume(312) 925-5440
BROKER

Details

SOLD
IMAGE: Nancy Nugent, Linda Levin & Karen Stroble DATE: 10/20/2023 ADDRESS: 35 Indian Hill Road MARKET: Winnetka ASSET TYPE: Single Family SELLER: Steffi & Will Galvin BROKERS: Karen Stroble (@KarenStroble_Realtor), Nancy Nugent (@NannyNugent) & Linda Levin (@LindaLevinRealEstate) - Jameson Sotheby's International Realty (@JamesOnSIR SALE PRICE: $5,100,000 SF: 9,744 ~ PPSF: $523 NOTE: Will Galvin, great-grandson of Motorola's co-founder, has sold his Winnetka mansion for $5.1 million, approximately $2 million less than its original listing price from March 2022. The 7-bedroom, 9,700-square-foot home was sold for slightly more than the $4.9 million they paid for it in 2017, marking the 27th Chicago-area sale exceeding $5 million this year.

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
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