Daily limit: 0/10
Ian Happ Acquires West Loop Condo For $3.09M With Nancy Tassone - Sotheby's International Realty
SOLD
$3,090,000
Illinois
See Similar DealsCondo3,395 SF
Sold 01/26/2024
SOLD
Ian Happ Acquires West Loop Condo For $3.09M With Nancy Tassone - Sotheby's International Realty
Condo3,395 SF
Sold 01/26/2024
Summary
Asset Type:Condo
Price Per Square Foot:$910
Total Square Footage:3,395 SF
Transaction Type:Sale
Chicago Cubs outfielder Ian Happ has purchased a 3,395-square-foot condo in the West Loop neighborhood of Chicago for $3.09 million. The luxurious unit is located in a newly constructed building developed by Sulo Development. It boasts three bedrooms and 3-1/2 bathrooms, offering ample space and comfort.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,090,000
- Square Footage: 3,395
- Price Per Square Foot: $910
- Market: West Loop
The purchase was facilitated by Ian Happ's broker, Nancy Tassone, from Sotheby's International Realty. Nancy Tassone played a crucial role in ensuring a smooth transaction and representing Ian Happ's interests throughout the process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$164,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,978.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,648.18
Annual Debt Service$175,778.12
Is there something missing? Send suggestions