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Aberdeen Chicago, LLC Acquires Office Building In Chicago For $4.1M

15 South Aberdeen Street
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This Office property located in IL was sold for $4,125,000 about 3 years ago. The brokers of the deal were Scott Maesel, Nate Grill, and Kevin Rocio

The office property located at 15 S. Aberdeen Street in Chicago has been sold. The transaction took place on January 12, 2021.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,125,000
  • Address: 15 S. Aberdeen Street
  • Market: Chicago
  • Size: 10,000 square feet
  • Price per Square Foot: $413
  • Cap Rate: 6.54%

Aberdeen Chicago, LLC purchased the property from 15 S Aberdeen LLC. Scott Maesel from SVN represented the buyer, while Kevin Rocio and Nate Grill from OCAdvisoryGroup @Properties Commercial represented the seller.

The asking price for the property was $4,599,000, but it was ultimately sold for $4,125,000. The transaction represents a cap rate of 6.54%.

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Deals
  • Location
    15 South Aberdeen Street, Chicago, IL, USA15 South Aberdeen Street, Chicago, IL, USA
  • Sale Price
    $4,125,000$4,125,000
    $412 PPSF$412 PPSF
  • Area
    10,000 SF10,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Scott Maesel

Scott Maesel

Deals5
Sold$104.7M

Nate Grill

Nate Grill

Deals4
Sold$5.4M

Agency

At Properties Commercial

At Properties Commercial

Agency
Deals255
Volume$607.9M

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Deal Summary

[embed] SALE IMAGE: Scott Maesel, Kevin Rocio, & Nate Grill DATE: 01/12/2021 ADDRESS: 15 S. Aberdeen Street MARKET: Chicago ASSET TYPE: Office BUYER: Aberdeen Chicago, LLC SELLER: 15 S Aberdeen LLC BUYER'S REP: Scott Maesel (@ScottMesel) - SVN SELLER'S REP: Kevin Rocio & Nate Grill (@GrillNate) - @ROCAdvisoryGroup @Properties Commercial ASKING PRICE: $4,599,000 SALE PRICE: $4,125,000 SF: 10,000 ~ PPSF: $413 CAP RATE: 6.54%

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