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225 North Columbus Drive, U...

Dag Kittlaus Sells Aqua Tower Penthouse In Chicago For $3.175M With Carrie McCormick And Michelle Welch
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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

Carrie McCormick

At Properties Commercial

Broker

$109.1M

vol

34 deals

Broker
Compass
CompassBrokerage
Dag Kittlaus

Dag Kittlaus

Siri

Seller

$3.2M

vol

1 deal

Seller
Siri
SiriSeller

Hammonton Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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