Keller Williams ONEChicago Acquires Condo On Chestnut Street In Chicago For $2.57M
SOLD
$2,575,000
Illinois
See Similar DealsCondo3,800 SF
Sold 01/19/2024
SOLD
Keller Williams ONEChicago Acquires Condo On Chestnut Street In Chicago For $2.57M
50 East Chestnut Street
See Similar DealsCondo3,800 SF
Sold 01/19/2024
Summary
ILLINOIS
Asset Type:Condo
Price Per Square Foot:$677
Total Square Footage:3,800 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76
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