Compass Sells Chicago Condo For $770,000
1756 W Cornelia Ave, Chicago, IL, USA
$770,000
Building Size
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Asset Type
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Closing
Oct 15, 2021
AI
Located in Chicago, this condo at 1756 W Cornelia Ave Unit 1 has recently been sold in a closed transaction. The property was listed for an asking price of $785,000 and was sold for $770,000, which is close to the asking price. The sale took place on October 15, 2021. The transaction was handled by Cindi Sodolski from Compass.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $770,000
- Address: 1756 W Cornelia Ave Unit 1, Chicago
- Market: Chicago
This successful sale, which occurred within 10 days of being listed, showcases the expertise of Cindi Sodolski and the effectiveness of the Compass agency. For more information, potential buyers or sellers can reach out to Cindi Sodolski directly at 773.450.0820 or [email protected].
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
20.60%
Cash-on-Cash
-5.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93