Rafael Murillo Of Compass Represents Sale Of Condo In Chicago For $2,832,000
SOLD
$2,832,000
Illinois
See Similar DealsCondo2,627 SF
Sold 07/31/2024
SOLD
Rafael Murillo Of Compass Represents Sale Of Condo In Chicago For $2,832,000
363 East Wacker Drive
See Similar DealsCondo2,627 SF
Sold 07/31/2024
Summary
ILLINOIS
Asset Type:Condo
Price Per Square Foot:$1,078
Total Square Footage:2,627 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$151,039.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,061.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,425.12
Annual Debt Service$161,101.50
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