One Bennett Park Condominiums Sells Condo In Chicago For $1.975M
SOLD
$1,975,000
Illinois
See Similar DealsCondo2,121 SF
Sold 04/05/2022
SOLD
One Bennett Park Condominiums Sells Condo In Chicago For $1.975M
451 East Grand Avenue, Chicago, Illinois 60611, United States
See Similar DealsCondo2,121 SF
Sold 04/05/2022
Summary
ILLINOIS
Asset Type:Condo
Price Per Square Foot:$931
Total Square Footage:2,121 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$105,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,016.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,362.51
Annual Debt Service$112,350.09
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