FCA Purchases 117 N Jefferson St Chicago For $12.88M With Seller's Rep Lee French
117 N Jefferson St, Chicago, IL, 60661
$12,880,000
$306/SF
Building Size
42,000 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
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.
On the Map
$12,880,000
$306/SF
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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
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93