Compass Chicago Represents Sale Of Condo At 64 E Elm St, Gold Coast, Chicago For $1.9M
64 E Elm St, Near North Side, Chicago, IL, USA
$1,925,000
$562/SF
Building Size
3,425 SF
Asset Type
—
Closing
Oct 8, 2021
About this deal
AI
The recently sold condo at 64 E Elm St, Gold Coast, Chicago, has seen a successful transaction. The property, spanning 3,425 square feet, was sold for $1,925,000 at a price per square foot of $562. The deal was facilitated by Sonu Sahni from Compass Chicago, who represented the buyer, and Tony Giusti, also from Compass Chicago, who represented the seller.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,925,000
- Address: 64 E Elm St, Gold Coast, Chicago
- Square Footage: 3,425
- Price per Square Foot: $562
- Buyer's Representative: Sonu Sahni - Compass Chicago
- Seller's Representative: Tony Giusti - Compass Chicago
The successful sale of this Gold Coast condo was made possible by the efforts of Sonu Sahni, representing the buyer, and Tony Giusti, representing the seller. Both individuals, affiliated with Compass Chicago, played instrumental roles in the transaction. Their expertise and negotiation skills ensured a smooth closing process for the buyer and seller involved.
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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93