SALF 920 LLC Sells Office Building On 311 W Walton St In Chicago For $14.4M
311 West Walton Street, Chicago, Illinois 60610, United States
$14,400,000
$351/SF
Building Size
41,000 SF
Asset Type
Office
Closing
Jun 21, 2022
About this deal
AI
An office property located at 311 West Walton Street in Chicago has been sold for $14,400,000. The property spans 41,000 square feet, resulting in a price per square foot of $351. The transaction took place on 06/22/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $14,400,000
- Address: 311 West Walton Street, Chicago
- Square Footage: 41,000
- Price Per Square Foot: $351
- Date: 06/22/2022
The seller of the property is SALF 920 LLC. The buyer's representative is Thania Potosome from Azora Exan, and the seller's representative is James Mead from SVN.
Players
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.10%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93