Paul Proano Of Coldwell Banker Represents Buyer In $1.65M Mixed-Use Sale In Cicero
5701 West Roosevelt Road
$1,650,000
$106/SF
Building Size
15,495 SF
Asset Type
Mixed-use
Closing
Apr 27, 2026
AI
The mixed-use property located at 5701–5705 W Roosevelt Rd in Cicero has been sold for a total price of $1,650,000. This asset consists of 16 units within a building that spans 15,495 square feet, resulting in a price per unit of $103,125 and a price per square foot of $106.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,650,000
- Units: 16
- Square Footage: 15,495
- Price per Unit: $103,125
- Price per Square Foot: $106
Paul Proano from Coldwell Banker represented the buyer in this transaction, facilitating the sale of the property in the competitive Cicero market.
Players
Cicero Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93