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1155 North Dearborn Street,...

Ugly Dog Jackson LLC Acquires Gold Coast Condo For $1.45M
SOLD

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

Bianca Silva

Broker

$1.5M

vol

1 deal

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93