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969 Hill Road

Chicago Mansion In Winnetka Sells For $6.2M, Represented By Jena Radnay Properties
SOLDSingle Family

Chicago Mansion In Winnetka Sells For $6.2M, Represented By Jena Radnay Properties

969 Hill Road

$6,200,000

$1,000/SF

Building Size

6,200 SF

Asset Type

Single Family

Closing

Dec 1, 2023

AI

A Winnetka Mansion in Chicago sold for $6.2 million, closing in just five months at an 11% reduction from its original $6.9 million price. The single-family property, located at 969 Hill Road in Winnetka, spans 6,200 square feet. With a price per square foot of $1,000, the property showcases its upscale and luxurious characteristics.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $6,200,000
  • Address: 969 Hill Road, Winnetka
  • Market: Winnetka

The sale of this luxurious property was facilitated by Jena Radnay, a real estate agent from Properties Christie's International Real Estate. With her expertise, the transaction was successfully completed, showcasing her commitment to her clients and their real estate needs.

This sale reflects a growing trend in the luxury market as city buyers seek safer communities outside the hustle and bustle of the city. Jena Radnay highlights the increased interest in quick decisions to purchase luxury homes outside urban areas, demonstrating the shift in buyer preferences.

Players

Jena Radnay

At Properties Commercial

Broker

$201.9M

vol

20 deals

Broker

Winnetka 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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93