SOLDOffice
Jameson Commercial Acquires Office Building In Chicago For $2.2M
212 East Ontario Street, Chicago, IL 60611, USA
$2,200,000
$181/SF
Building Size
12,118 SF
Asset Type
Office
Closing
Oct 1, 2021
About this deal
AI
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,200,000
- Square Footage: 12,118
- Price per Square Foot: $182
- Address: 212 E. Ontario, Chicago
- Market: Chicago
Chicago Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93