Keller Williams ONEChicago Acquires Condo On Chestnut Street In Chicago For $2.57M
50 East Chestnut Street
$2,575,000
$677/SF
Building Size
3,800 SF
Asset Type
Condo
Closing
Jan 19, 2024
About this deal
AI
A 3,800 square foot condo located at 50 East Chestnut Street in Chicago has been sold for $2,575,000. The property was listed for a price of $678 per square foot.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,575,000
- Address: 50 East Chestnut Street
- Market: Chicago
Alex Wolking from Keller Williams ONEChicago represented the buyer, while Mark Keppy from Dream Town Real Estate represented the seller in this transaction.
The condo sale at 50 East Chestnut Street in Chicago, Illinois sold for $2.6M in 2024. The building is 3,800 square feet, implying about 677 per square foot on the published price. Mark Keppy, Alex Wolking, Keller Williams Realty, Dream Town Real Estate appear on the sale alongside Keller Williams Realty, Dream Town Real Estate. This page is the Chicago, Illinois file for the 50 East Chestnut Street condo sold: pricing, party profiles, and other closed condo comps from the same Chicago sit in the Market section below. Filter that Chicago condo set by closing date to see what else sold near 50 East Chestnut Street around 2024. Published consideration for 50 East Chestnut Street is $2.6M, dated 2024. Cite this Keller Williams ONEChicago Acquires Condo On Chestnut Street In Chicago For $2.57M sale when underwriting similar condo product around Chicago, Illinois.
Players
Chicago Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $677 per square foot on a published $2.6M for 3,800 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93