facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Condo

/

Sale

/

363 East Wacker Drive

Michael Kaplan Of REKAP Group Compass Represents Buyer In Sale Of Chicago Condo For $2.31M
SOLDCondo

Michael Kaplan Of REKAP Group Compass Represents Buyer In Sale Of Chicago Condo For $2.31M

363 East Wacker Drive

$2,310,000

$988/SF

Building Size

2,336 SF

Asset Type

Condo

Closing

Dec 2, 2025

AI

The property asset involved in this transaction is a condo located at 363 East Wacker Drive Unit 6203 in the Chicago market. The sale price for this property was $2,310,000, with a square footage of 2,336 and a price per square foot of $988.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: $2,310,000
  • Square Footage: 2,336
  • Price per Square Foot: $988
  • Buyer's Representative: Michael Kaplan - REKAP Group - Compass
  • Seller's Representative: Leila Zammatta - Magellan Development Group
  • Date of Sale: 12/03/2025

This transaction involved Michael Kaplan from REKAP Group - Compass representing the buyer and Leila Zammatta from Magellan Development Group representing the seller. Their respective agencies facilitated the closing of this deal, ensuring a smooth transaction process in the Chicago real estate market.

Players

Leila Zammatta

Magellan Development Group

Broker

$43.5M

vol

5 deals

Broker
Compass
CompassBrokerage

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

6.87%

Cash-on-Cash

-1.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93