One Bennett Park Condominiums Sells Condo In Chicago For $1.975M
451 East Grand Avenue, Chicago, Illinois 60611, United States
$1,975,000
$931/SF
Building Size
2,121 SF
Asset Type
Condo
Closing
Apr 5, 2022
AI
A condo located at 451 East Grand Avenue in Chicago was recently sold for $1,975,000. This condo, part of the One Bennett Park Condominiums, spans 2,121 square feet and is priced at approximately $931 per square foot.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,975,000
- Date: 04/05/2022
- Address: 451 East Grand Avenue
- Market: Chicago
- Seller: One Bennett Park Condominiums
- Broker: Oana Sirbu - Jameson Sotheby's International Realty
Oana Sirbu from Jameson Sotheby's International Realty represented the seller, One Bennett Park Condominiums, in this transaction.
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
8.03%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93