Ken Jungwirth & Sabrina Bier Of Christie's International Real Estate Represent Buyer In $3.15M Chicago Office Sale
420 West Huron Street
$3,150,000
$83/SF
Building Size
37,918 SF
Asset Type
Office
Closing
Jan 26, 2026
AI
The property involved in the transaction is an office asset located at 420 West Huron Street in Chicago. The sale was completed for a total price of $3,150,000. The building encompasses 37,918 square feet and is a four-story structure. The property was originally built in 1929 and underwent renovations in 2017. It currently accommodates multiple tenants, including Brainchild Studios and State Farm.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,150,000
- Square Footage: 37,918
- Address: 420 West Huron Street
- Market: Chicago
- Price Per Square Foot: $83
- Seller: Amos Financial
- Buyer's Representative: Ken Jungwirth & Sabrina Bier, @properties Christie's International Real Estate
- Seller's Representatives: Tim Ryan & Graham Mitchell, @properties
The transaction was brokered by @properties Commercial. The buyer intends to continue using the property for office purposes, responding to the increased demand for office space in River North.
Players
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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93