Lofty LLC Leases Office Space At 415 N Aberdeen St In West Loop, Chicago
415 North Aberdeen Street, Chicago, Illinois 60642, United States
Building Size
1,800 SF
Asset Type
Office
Closing
Sep 25, 2022
About this deal
AI
An office space located at 415 N Aberdeen St in the West Loop neighborhood of Chicago has recently been leased. The transaction took place on September 26, 2022. The property, measuring approximately 1,800 square feet, was leased by Lofty LLC.
Summary of transaction details
- Property Type: Office
- Transaction Date: September 26, 2022
- Address: 415 N Aberdeen St
- Market: West Loop, Chicago
The lease was facilitated by James Hodur and Ben Miotti from Coldwell Banker Commercial NRT, who represented the landlord, Kinzie Building Company, LLC.
The asking rent for the office space was $21.39 per square foot.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93