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14 West Superior Street

JDL Development Sells Chicago Condo On West Superior Street For $5.6M
SOLDCondo

JDL Development Sells Chicago Condo On West Superior Street For $5.6M

14 West Superior Street

$5,600,000

$1,740/SF

Building Size

3,218 SF

Asset Type

Condo

Closing

Feb 12, 2022

AI

The recently closed property transaction in Chicago involved the sale of a condominium located at 14 West Superior Street. The condo was sold by JDL Development, a real estate development company. The transaction was facilitated by Nancy Tassone and David Mahoney from Jameson Sotheby’s International Realty. The sale price for the condo was $5,600,000.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,600,000
  • Address: 14 West Superior Street
  • Market: Chicago
  • Square Footage: 3,600 SF
  • Price Per Square Foot: $1,556

The condo located at 14 West Superior Street in Chicago was sold by JDL Development for a total of $5,600,000. Nancy Tassone and David Mahoney from Jameson Sotheby’s International Realty represented the sellers in this transaction.

Players

Nancy Tassone

Sotheby's International Realty

Broker

$95.8M

vol

12 deals

Broker

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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93