Jameson Sotheby’s International Realty Represents Buyer In $824,900 Condo Sale In River North, Chicago
25 East Superior Street, Chicago, Illinois 60611, United States
$824,900
$549/SF
Building Size
1,500 SF
Asset Type
—
Closing
Jun 8, 2022
AI
Located in the desirable River North neighborhood in Chicago, this condo property at 25 E Superior St recently changed hands in a successful transaction. Spanning approximately 1,500 square feet, this spacious condo offers a comfortable living space for its new owner. The property was sold for a total price of $824,900, resulting in a price per square foot of $550.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $824,900
- Address: 25 E Superior St, River North, Chicago
Thamar Jones, representing Jameson Sotheby’s International Realty, acted as the buyer's representative in this successful deal. The expertise and guidance provided by Thamar Jones contributed to a smooth transaction process for the buyer. On the other side, Katie Barreto, from Compass, represented the seller throughout the negotiation and closing stages. Her extensive knowledge of the local market ensured that the seller received the best possible outcome.
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
19.23%
Cash-on-Cash
-5.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93