The Corson Family Acquires Condo At 100 E Huron St 1102 In Streeterville, Chicago
100 East Huron Street, Chicago, Illinois 60611, United States
$1,900,000
$661/SF
Building Size
2,872 SF
Asset Type
—
Closing
Jun 5, 2022
AI
The recently closed property transaction in Streeterville, Chicago involved the sale of a condominium unit located at 100 E Huron St 1102. The condo, spanning an area of 2,872 square feet, was sold by North Star Trust to the Corson Family. The transaction, facilitated by Margaret Baczkowski of Baczkowski Properties and Danny Lewis of Dream Town Realty, was finalized on 06/06/2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,900,000
- Market: Streeterville, Chicago
The Corson Family emerged as the buyer of the property, while North Star Trust acted as the seller. Margaret Baczkowski from Baczkowski Properties and Danny Lewis from Dream Town Realty represented the respective parties in the deal.
The condominium unit at 100 E Huron St 1102 was listed at an asking price of $1,900,000, which is the same as the final sale price. The price per square foot for the property was calculated to be $662. This transaction marks another successful deal in the vibrant Streeterville market.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93