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663 Circle Lane

Darlene And Robert J. Bobb Sell Lake Forest Estate For $5 Million With Rubenstein Fox Team
SOLDSingle Family

Darlene And Robert J. Bobb Sell Lake Forest Estate For $5 Million With Rubenstein Fox Team

663 Circle Lane

$5,000,000

$471/SF

Building Size

10,616 SF

Asset Type

Single Family

Closing

Dec 17, 2024

AI

A single-family estate located at 663 Circle Lane in Lake Forest has recently been sold off-market for $5,000,000. This Georgian-style mansion spans 10,616 square feet and sits on 2.43 lakefront acres, showcasing significant value in both size and location. The transaction reflects a price per square foot of $471.

Summary of transaction details:

This transaction involved Darlene and Robert J. Bobb selling their property, with representation by Laura Kerstein and Marlene Rubenstein from Rubenstein Fox Team at Baird & Warner. The buyers were represented by Branislav Simic of Pivot Properties, who facilitated the deal before the property was listed publicly for $6 million.

Players

Marlene Rubenstein

Baird & Warner

Broker

$12.5M

vol

3 deals

Broker

Lake Forest 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93