Max Brothers Of Compass Sells Condo At 435 North Michigan Avenue Chicago For $3.55M
435 North Michigan Avenue
$3,550,000
$898/SF
Building Size
3,950 SF
Asset Type
Condo
Closing
Mar 27, 2026
About this deal
AI
This transaction involves a condo located at 435 North Michigan Avenue in the Chicago market. The property sold for $3,550,000, encompassing a total area of 3,950 square feet, which translates to a price per square foot of $898.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,550,000
- Address: 435 North Michigan Avenue
- Market: Chicago
- Square Footage: 3,950
- Price per Square Foot: $898
- Seller's Representatives: David Max, Michael Max & Adam Max - Compass
The Max Brothers successfully facilitated the sale and achieved a prompt closing for the property situated at the Iconic Tribune Tower.
Players
Chicago Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $898 per square foot on a published $3.6M for 3,950 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93