Rafael Murillo Of Compass Represents Sale Of Condo In Chicago For $2,832,000
363 East Wacker Drive
$2,832,000
$1,078/SF
Building Size
2,627 SF
Asset Type
Condo
Closing
Jul 31, 2024
About this deal
AI
The property asset involved in this transaction is a condo located at 363 East Wacker Drive, Chicago. The sale was completed for a price of $2,832,000 and encompasses an area of 2,627 square feet, resulting in a price per square foot of $1,078.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,832,000
- Address: 363 East Wacker Drive
- Market: Chicago
- Square Footage: 2,627
- Price Per Square Foot: $1,078
- Sale Date: 07/31/2024
The key individual involved in the transaction is Rafael Murillo, who represented the seller through Compass. His role was crucial in managing the negotiation and closing process of this sale.
On the Map
$2,832,000
$1,078/SF
Condo
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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
5.60%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93