Daily limit: 0/10
Richard And Michaela Parrillo Purchase Gold Coast Condo From Christian Zann And Amy Everard For $6.5M
SOLD
Illinois
See Similar DealsCondo6,800 SF
Sold 08/25/2025
SOLD
Richard And Michaela Parrillo Purchase Gold Coast Condo From Christian Zann And Amy Everard For $6.5M
1300 North State Parkway
See Similar DealsCondo6,800 SF
Sold 08/25/2025
Summary
ILLINOIS
Asset Type:Condo
Price Per Square Foot:$955
Total Square Footage:6,800 SF
Transaction Type:Sale
A two-story condo located at 1300 North State Parkway in the Chicago Gold Coast market has been sold. The property spans 6,800 square feet and was transacted for $6.5 million. The price translates to approximately $956 per square foot. This condo was sold under a land trust.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,500,000
- Square Footage: 6,800
- Price Per Square Foot: $956
- Buyer: Richard Parrillo & Michaela Parrillo
- Seller: Christian Zann & Amy Everard
- Brokers: Timothy Salm & Rachel Krueger - Jameson Sotheby's International Realty
Richard and Michaela Parrillo acquired this condo in July 2025, following the sale of their previous Lincoln Park mansion for $15.25 million, which was significantly lower than its original $50 million asking price.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
Is there something missing? Send suggestions