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Ian Happ Acquires West Loop...

Ian Happ Acquires West Loop Condo For $3.09M With Nancy Tassone - Sotheby's International Realty
SOLDCondo

Ian Happ Acquires West Loop Condo For $3.09M With Nancy Tassone - Sotheby's International Realty

$3,090,000

$910/SF

Building Size

3,395 SF

Asset Type

Condo

Closing

Jan 26, 2024

AI

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

Nancy Tassone

Sotheby's International Realty

Broker

$95.8M

vol

12 deals

Broker

Market 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

5.13%

Cash-on-Cash

-1.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93