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363 East Wacker Drive

Rafael Murillo Of Compass Represents Sale Of Condo In Chicago For $2,832,000
SOLDCondo

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

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.

Players

Rafael Murillo

Compass

Broker

$26M

vol

9 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

5.60%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93