facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Condo

/

Sale

/

9 West Walton Street

Ken Griffin Sells Condo At 9 West Walton Street Chicago For $11 Million With Brokers Emily Sachs Wong & Nancy Tassone
SOLDCondo

Ken Griffin Sells Condo At 9 West Walton Street Chicago For $11 Million With Brokers Emily Sachs Wong & Nancy Tassone

9 West Walton Street

$11,000,000

$1,466/SF

Building Size

7,500 SF

Asset Type

Condo

Closing

Oct 15, 2024

AI

The top-floor condominium at 9 West Walton Street, Unit 3800, in Chicago has been placed under contract with a price of $11,000,000. The condo encompasses 7,500 square feet and has a price per square foot of $1,467. Notable features of the unit include 16-foot windows, two terraces, and private elevator access to a rooftop pool. The property has been on the market since July.

Summary of transaction details:

Billionaire Ken Griffin has signed a contract to sell the condo to an undisclosed buyer as part of his strategy to divest from his properties in Chicago following his relocation to Miami. The representation of the deal was provided by brokers Emily Sachs Wong and Nancy Tassone from Sotheby's International Realty.

Players

Nancy Tassone

Sotheby's International Realty

Broker

$95.8M

vol

12 deals

Broker

Chicago Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93