Judith McKenna Of Walmart Acquires Condo On North Michigan Avenue In Chicago For $4.9M
435 North Michigan Avenue, Chicago, Illinois 60611, United States
$4,900,000
$1,508/SF
Building Size
3,249 SF
Asset Type
—
Closing
Apr 20, 2022
AI
The property involved in the transaction is a condo located at 435 North Michigan Avenue in Chicago. The sale of this condo took place on 04/21/2022. The buyer of the property is Judith McKenna, who represents Walmart. The transaction amount for this sale was $4,900,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,900,000
- Address: 435 North Michigan Avenue, Chicago
- Market: Chicago
- Buyer: Judith McKenna - Walmart
Judith McKenna, representing Walmart, purchased the condo at 435 North Michigan Avenue in Chicago for $4,900,000 on 04/21/2022.
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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93