Dag Kittlaus Sells Aqua Tower Penthouse In Chicago For $3.175M With Carrie McCormick And Michelle Welch
225 North Columbus Drive, Unit 8108
$3,175,000
Building Size
—
Asset Type
Condo
Closing
Oct 28, 2025
AI
The property involved in this transaction is a condo located at 225 North Columbus Drive Unit 8108 in Chicago. It sold for $3,175,000, reflecting the current market value in a cooling luxury condo market. The seller of the property was Dag Kittlaus, known as a co-creator of Siri.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,175,000
- Seller: Dag Kittlaus
- Buyer's Representative: Michelle Welch - Compass
- Seller's Representative: Carrie McCormick - @properties Christies International Real Estate
This transaction showcases the involvement of key industry professionals, with Carrie McCormick representing the seller, Dag Kittlaus, while Michelle Welch represented the buyer, reflecting a shift in market dynamics where pricing realism has become a significant factor in closing sales.
Players
Hammonton Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93