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25 East Superior Street, Ch...

Jameson Sotheby’s International Realty Represents Buyer In $824,900 Condo Sale In River North, Chicago
SOLD

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

Katie Barreto

Compass

Broker

$1.6M

vol

2 deals

Broker

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