Kyle Fambro Of EXp Realty Represents Buyer In $1.2M Sale Of Chicago Condo
1160 South Michigan Avenue
$1,200,000
$386/SF
Building Size
3,105 SF
Asset Type
Condo
Closing
Aug 4, 2025
AI
The asset involved in this transaction is a condo located at 1160 South Michigan Avenue Unit 4501 in the Chicago market. This property was sold for a price of $1,200,000, encompassing a total of 3,105 square feet, resulting in a price per square foot of $386.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,200,000
- Square Footage: 3,105
- Price Per Square Foot: $386
- Address: 1160 South Michigan Avenue Unit 4501
- Market: Chicago
- Buyer's Representative: Kyle Fambro - eXp Realty
- Seller's Representative: Mark Keppy - Dream Town Real Estate
Key individuals involved in this transaction include Kyle Fambro, who represented the buyer through eXp Realty, and Mark Keppy, who represented the seller with Dream Town Real Estate. Their representation facilitated the successful closure of the transaction.
Players
Chicago Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93