Cheena Chandra Of Jameson Sotheby's Represents Both Buyer And Seller In $950K Sale Of Lakeshore East Condo
SOLD
$950,000
Illinois
See Similar Deals1,887 SF
Sold 10/01/2021
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
See Similar Deals1,887 SF
Sold 10/01/2021
Summary
ILLINOIS
Price Per Square Foot:$503
Total Square Footage:1,887 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$50,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,375.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,503.48
Annual Debt Service$54,041.82
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