SOLD
Alec Peters Sells River North Condo For $1.15M With Broker Rafael Murillo - Compass
River North, Chicago, Illinois, United States
$1,150,000
$656/SF
Building Size
1,753 SF
Asset Type
—
Closing
Jul 28, 2022
AI
A condo in River North has been sold for $1,150,000. The property, owned by Alec Peters, spans 1,735 square feet and has a price per square foot of $663. The sale took place with the assistance of broker Rafael Murillo from Compass.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,150,000
- Square Footage: 1,735
- Price Per Square Foot: $663
- Market: River North
Rafael Murillo from Compass represented Alec Peters in the deal.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93