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1109 West Washington Boulev...

AtProperties Acquires West Loop Condo At 1109 W Washington Blvd, Chicago For $2.6M
SOLD

AtProperties Acquires West Loop Condo At 1109 W Washington Blvd, Chicago For $2.6M

1109 West Washington Boulevard, Chicago, IL 60607

$2,600,000

$812/SF

Building Size

3,200 SF

Asset Type

Closing

Jul 15, 2020

AI

An exclusive condo located at 1109 W Washington Blvd in West Loop, Chicago was recently sold in a closed transaction. The property spans over 3,200 square feet and offers remarkable features. The sale took place on July 15, 2021, with an asking price of $2,650,000. Ultimately, the property sold for $2,600,000, resulting in a price per square foot of $813.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $2,600,000
  • Address: 1109 W Washington Blvd, West Loop, Chicago

In this successful sale, Curtis Crotty from Curtis Crotty & Associates served as the buyer's representative. On the other hand, Ryan Preuett represented the seller. Curtis Crotty was able to secure the unit for their buyer, working closely with Ryan before it even hit the market. This allowed their buyer to move quickly and secure the property before showings opened up to the public.

Note: If you are interested in this property or have any inquiries, you can reach out to Curtis Crotty at tel:847.602.3296 or via email at [email protected].

Players

Ryan Preuett

Sotheby's International Realty

Broker

$43.4M

vol

8 deals

Broker

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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93