facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Condo

/

Sale

/

2035 North Orleans Street

Jonathan Toews Sells Lincoln Park Penthouse For $4.5 Million With Brokers Millie Rosenbloom And Brian Pistorius
SOLDCondo

Jonathan Toews Sells Lincoln Park Penthouse For $4.5 Million With Brokers Millie Rosenbloom And Brian Pistorius

2035 North Orleans Street

$4,500,000

$1,021/SF

Building Size

4,406 SF

Asset Type

Condo

Closing

Dec 19, 2024

AI

The property involved in this transaction is a penthouse condo located at 2035 North Orleans Street Ph-W in Chicago. The asset comprises a total of 4,406 square feet and was sold for $4,500,000, which reflects a price per square foot of $1,021. The condo was initially listed for $4,700,000 in July before the sale was finalized.

Summary of transaction details:

Jonathan Toews, the former captain of the Chicago Blackhawks, was the seller of the condo. He acquired the penthouse in 2019 for $3,550,000 through a Winnipeg-based land trust. The condo was on the market for several months before a buyer was secured in October.

Players

Millie Rosenbloom

Baird & Warner

Broker

$20.7M

vol

6 deals

Broker

Chicago Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93