facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

All

/

Lease

/

200 W Madison St, Chicago, ...

Sikich Leases 22000 Square Feet At 200 W Madison St Chicago With Katie Steele As Landlord's Rep
LEASED

Sikich Leases 22000 Square Feet At 200 W Madison St Chicago With Katie Steele As Landlord's Rep

200 W Madison St, Chicago, IL, 60606

Building Size

22,000 SF

Asset Type

Closing

Nov 20, 2023

AI

The lease transaction involves a commercial property located at 200 W Madison St, Chicago, IL, 60606. The space measures 22,000 square feet, situated within the Chicago market. The lease is signed with the landlord, Multi-Employer Property Trust.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 200 W Madison St, Chicago, IL, 60606
  • Market: Chicago
  • Landlord's Representative: Katie Steele, Transwestern
  • Tenant: Sikich
  • Landlord: Multi-Employer Property Trust
  • Square Feet: 22,000

This transaction involved key individuals where Katie Steele from Transwestern represented the landlord, Multi-Employer Property Trust, while Sikich is the tenant taking lease of the property.

Players

Katie Steele

Transwestern

Broker

3 deals

Broker
MT
Multi-Employer Property TrustLandlord

Chicago CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93