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
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