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420 East Waterside Drive, C...

Updated Dec 21, 2023

Cheena Chandra Of Jameson Sotheby's Represents Both Buyer And Seller In $950K Sale Of Lakeshore East Condo
SOLD

Cheena Chandra Of Jameson Sotheby's Represents Both Buyer And Seller In $950K Sale Of Lakeshore East Condo

420 East Waterside Drive, Chicago, IL 60601

$950,000

$503/SF

Building Size

1,887 SF

Asset Type

Closing

Oct 1, 2021

About this deal

AI

An 1,887 square foot condo located at 420 E Waterside Unit 1314 in Lakeshore East, Chicago has been sold. The property was listed for an asking price of $1,050,000 and sold for $950,000, resulting in a price per square foot of $503.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $950,000
  • Address: 420 E Waterside Unit 1314
  • Market: Lakeshore East, Chicago
  • Square Footage: 1,887
  • Asking Price: $1,050,000
  • Price per Square Foot: $503

The sale of this condo was facilitated by Cheena Chandra of Jameson Sotheby’s International Realty. Cheena Chandra represented both the seller and the buyer in this transaction.

Players

Cheena Chandra

Sotheby's International Realty

Broker

$3.6M

vol

2 deals

Broker

Chicago CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $503 per square foot on a published $950K for 1,887 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.70%

Cash-on-Cash

-4.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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