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River North, Chicago, Illin...

Updated Dec 19, 2023

Bilt advertisement
Alec Peters Sells River North Condo For $1.15M With Broker Rafael Murillo - Compass
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

About this deal

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.

The commercial sale at River North, Chicago, Illinois, United States in Chicago, Illinois sold for $1.2M in 2022. The building is 1,753 square feet, implying about 656 per square foot on the published price. Rafael Murillo, Compass appear on the sale alongside Compass. This page is the Chicago, Illinois file for the River North, Chicago, Illinois, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Chicago sit in the Market section below. Filter that Chicago commercial set by closing date to see what else sold near River North, Chicago, Illinois, United States around 2022. Published consideration for River North, Chicago, Illinois, United States is $1.2M, dated 2022. Cite this Alec Peters Sells River North Condo For $1.15M With Broker Rafael Murillo - Compass sale when underwriting similar commercial product around Chicago, Illinois.

Players

Rafael Murillo

Compass

Broker

$26M

vol

9 deals

Broker

Chicago CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

Alec Peters bought a home in Chicago for $1.2M in 2022. The full closing is on this page.

About $656 per square foot on a published $1.2M for 1,753 square feet (2022).

Visit Rafael Murillo to view all their deals.

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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

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