FCA Purchases 117 N Jefferson St Chicago For $12.88M With Seller's Rep Lee French
SOLD
$12,880,000
Illinois
See Similar Deals42,000 SF
SOLD
FCA Purchases 117 N Jefferson St Chicago For $12.88M With Seller's Rep Lee French
117 N Jefferson St, Chicago, IL, 60661
See Similar Deals42,000 SF
Summary
ILLINOIS
Price Per Square Foot:$306
Total Square Footage:42,000 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 117 N Jefferson St, Chicago, IL, 60661. The transaction price was $12,880,000.00 for a total square footage of 42,000 in the Chicago market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $12,880,000.00
- Address: 117 N Jefferson St, Chicago, IL, 60661
- Market: Chicago
- Seller's Representative: Lee French (SVN Chicago Commercial)
- Buyer: FCA
Lee French, representing the seller in this transaction, is associated with SVN Chicago Commercial. The buyer involved in this transaction is FCA, completing the transfer of the property located in a prominent area of Chicago.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$686,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$45,759.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,057.77
Annual Debt Service$732,693.25
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