Ugly Dog Jackson LLC Acquires Gold Coast Condo For $1.45M
1155 North Dearborn Street, Chicago, Illinois 60610, United States
$1,450,000
$451/SF
Building Size
3,212 SF
Asset Type
—
Closing
Feb 14, 2022
AI
The Gold Coast neighborhood in Chicago has seen a recent closed property transaction at 1155 North Dearborn, Apartment 1402. This condo, spanning 3,212 square feet, was sold on February 15, 2022. The asking price for the unit was $1,650,000, with the final sale price being $1,450,000. The price per square foot stood at $451.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,450,000
- Address: 1155 North Dearborn Apt 1402, Gold Coast, Chicago
- Market: Gold Coast, Chicago
- Buyer: Ugly Dog Jackson LLC
The buyer for this property was Ugly Dog Jackson LLC. Represented by brokers Bianca Silva and Austin Pearson from Pearson Realty Group, the deal was successfully closed. Bianca Silva can be contacted at [email protected] or reached at 312.401.6800. Austin Pearson, another real estate broker from the same agency, can be contacted at [email protected] or called at 312.909.9704. The Pearson Realty Group, located at 1000 N Milwaukee Ave, Chicago, IL 60642, facilitated the transaction.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93