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
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