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19 East Delaware Place, Chi...

Updated Dec 19, 2023

Gold Coast Condo At 10 E Delaware 19B Sold For $1,770,312 With Buyer's Rep Mike Larson & Seller's Rep Lisa Madonia
SOLD

Gold Coast Condo At 10 E Delaware 19B Sold For $1,770,312 With Buyer's Rep Mike Larson & Seller's Rep Lisa Madonia

19 East Delaware Place, Chicago, IL 60611, USA

$1,770,312

$652/SF

Building Size

2,715 SF

Asset Type

—

Closing

Oct 6, 2021

About this deal

AI

A condominium unit located at 10 E Delaware 19B in the Gold Coast neighborhood has been sold for $1,770,312. The property offers approximately 2,715 square feet of space, resulting in a price per square foot of $652. The transaction took place on October 6, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,770,312
  • Address: 10 E Delaware 19B
  • Market: Gold Coast
  • Buyer's Representative: Mike Larson - Gold Coast Realty Chicago
  • Seller's Representative: Lisa Madonia - Properties

Mike Larson from Gold Coast Realty Chicago represented the buyer in this transaction, while Lisa Madonia from Properties served as the seller's representative. The deal successfully closed, allowing the buyer to acquire the condominium unit in the desired Gold Coast area.

On the Map

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$1,770,312

$652/SF

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Players

Mike Larson

Broker

$36.1M

vol

6 deals

Broker
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Chicago CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $652 per square foot on a published $1.8M for 2,715 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.96%

Cash-on-Cash

-2.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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