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400 West Huron Street, Chic...

Blackhawks Acquires Condo In Chicago For $3.2M With Buyer's Rep Carrie McCormick
SOLD

Blackhawks Acquires Condo In Chicago For $3.2M With Buyer's Rep Carrie McCormick

400 West Huron Street, Chicago, Illinois 60654, United States

$3,212,500

$778/SF

Building Size

4,129 SF

Asset Type

Closing

Mar 29, 2022

AI

A luxury condo located at 400 W Huron St, 1201 in Chicago has been sold in a recent transaction. The property, with a total area of 4,129 square feet, was purchased by the Blackhawks. Representing the buyer was Carrie McCormick from Carrie McCormick Properties | Christie's International Real Estate, while the seller's representative was Danny Glick from Glick Properties | Christie's International Real Estate. The sale price for this stunning condo was $3,212,500, slightly below the initial asking price of $3,300,000. With a price per square foot of $778, this property offers an attractive investment opportunity in the Chicago market.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $3,212,500
  • Address: 400 W Huron St, 1201
  • Market: Chicago
  • Buyer: Blackhawks
  • Buyer's Representative: Carrie McCormick Properties | Christie's International Real Estate
  • Seller's Representative: Danny Glick Properties | Christie's International Real Estate
  • Square Footage: 4,129
  • Price per Square Foot: $778

This successful transaction was marked by the representation of the Blackhawks player as the buyer. The purchase of this luxury condo highlights the team's commitment to providing their players with top-quality residences in the Chicago area.

Players

Carrie McCormick

At Properties Commercial

Broker

$109.1M

vol

34 deals

Broker
B
BlackhawksBuyer

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

4.94%

Cash-on-Cash

-1.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93