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363 East Wacker Drive, Chic...

Rafael Murillo Sells Mixed-Use Unit At 363 E Wacker Dr For $6.6M In Chicago
SOLDMixed-use

Rafael Murillo Sells Mixed-Use Unit At 363 E Wacker Dr For $6.6M In Chicago

363 East Wacker Drive, Chicago, IL 60601

$6,678,538

$1,334/SF

Building Size

5,006 SF

Asset Type

Mixed-use

Closing

Jul 16, 2021

AI

The mixed-use property located at 363 E Wacker Dr, Unit 5106 in Chicago has been sold for a total price of $6,678,538. The property spans across 5,006 square feet, resulting in a price per square foot of $1,334. The seller of this property was Magellan Development LLC.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $6,678,538
  • Address: 363 E Wacker Dr, Unit 5106, Chicago
  • Market: Chicago
  • Seller: Magellan Development LLC

Rafael Murillo, acting as the buyer's representative, was involved in this sale. It is worth noting that Rafael Murillo has previously sold three condos at the St. Regis Chicago, with a total sales value of $10,309,622.

Players

Rafael Murillo

Compass

Broker

$26M

vol

9 deals

Broker

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.38%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93