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234 West Polk Street

Lourdes Hernandez Of Coldwell Banker Represents Buyer In $1,290,000 South Loop Condo Sale
SOLDCondo

Lourdes Hernandez Of Coldwell Banker Represents Buyer In $1,290,000 South Loop Condo Sale

234 West Polk Street

$1,290,000

$777/SF

Building Size

1,659 SF

Asset Type

Condo

Closing

Aug 17, 2026

AI

The property involved in this transaction is a condo located at 234 West Polk Street in Chicago. The sale price for the asset was $1,290,000, with a total square footage of 1,659 and a price per square foot of $777.

Summary of transaction details:

Lourdes Hernandez represented the buyer in this transaction, while Bradley Brondyke represented the seller. The transaction showcases a deal within The Reed at Southbank, a notable 41-story luxury residential tower positioned along the Chicago River, enhancing the downtown residential scene.

Players

Bradley Brondyke

Sotheby's International Realty

Broker

$10.6M

vol

3 deals

Broker
Lourdes Hernandez
Verified Badge

Lourdes Hernandez

Coldwell Banker

Broker

$2.7M

vol

2 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

12.30%

Cash-on-Cash

-3.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93