SOLD
Carrie McCormick Sells Condo On 199 E Lake Shore Dr, Chicago For $3.3M
199 E Lake Shore Dr, Chicago, IL 60611, USA
Building Size
4,232 SF
Asset Type
—
Closing
Dec 1, 2022
About this deal
AI
A condo located at 199 E Lake Shore Dr in Chicago, IL was recently sold in a closed transaction. The property spans 4,232 square feet and was sold for $3,300,000. It has an asking price of $3,500,000, resulting in a price per square foot of $780.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,300,000
- Address: 199 E Lake Shore Dr, Chicago, IL
- Market: Chicago, IL
- BROKER: Carrie McCormick - @properties
Carrie McCormick from @properties represented the parties involved in this 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93