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
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