facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Condo

/

Sale

/

401 North Wabash Avenue

Patrick Kane Sells Trump Tower Condo In Chicago For $2.11M With Chezi Rafaeli As The Broker
SOLDCondo

Patrick Kane Sells Trump Tower Condo In Chicago For $2.11M With Chezi Rafaeli As The Broker

401 North Wabash Avenue

$2,110,000

$680/SF

Building Size

3,102 SF

Asset Type

Condo

Closing

Mar 27, 2025

AI

A condo located at 401 North Wabash Avenue Unit 69E in Chicago has been sold for $2,110,000. The property spans 3,102 square feet and was priced at $680 per square foot. The sale price reflects a significant decrease from its previous purchase price of $3.1 million in 2016.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,110,000
  • Seller: Patrick Kane
  • Broker: Chezi Rafaeli - Coldwell Banker
  • Market: Chicago
  • Date of Sale: 03/27/2025
  • Square Footage: 3,102
  • Price per Square Foot: $680

The seller, Patrick Kane, a former player for the Chicago Blackhawks, experienced a loss of nearly $1 million from the original purchase price. Kane continues to maintain ownership of additional properties in the Chicago area, including another unit in Trump Tower and a more expensive condo at 9 W. Walton valued at $6.46 million.

Players

Chezi Rafaeli

Coldwell Banker

Broker

$28.5M

vol

3 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

7.52%

Cash-on-Cash

-2.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93