Ken Griffin's Condo On 800 N Michigan Ave In Chicago Sold For $11.2M With Seller's Rep Citadel's Ken Griffin And Broker Premier Relocation's Susan Miner
800 North Michigan Avenue, Chicago, Illinois 60611, United States
$11,200,000
$1,400,000/SF
Building Size
8 SF
Asset Type
Condo
Closing
Jan 15, 2022
AI
Ken Griffin and Susan Miner finalized the sale of a condo located at 800 N Michigan Ave in Chicago. The condo, spanning over 8,000 square feet, was sold for $11,200,000, resulting in a price per square foot of $1,400. The transaction took place on January 15, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,200,000
- Square Footage: 8,000
- Address: 800 N Michigan Ave, Chicago
Ken Griffin, the seller of the condo, represented Citadel, while Susan Miner of Premier Relocation served as the broker in the deal.
Players
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
1.42%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93