Updated Sep 6, 2024
$775,000 Sale Of Property At 2100 S 51st Ave In Cicero With Seller's Rep Andrean Angelov
2100 S 51st Ave, Chicago, IL, 60804
$775,000
Units
15
Asset Type
MultiFamily
Closing
Jan 24, 2019
About this deal
AI
The property asset involved in this transaction is a 15-unit apartment building located at 2100 S 51st Ave, Chicago, IL, 60804. The property sold for $775,000 and encompasses a total square footage of 0. The market for this transaction is Cicero, and the property includes six studios, four one-bedroom/one-bathroom units, and five two-bedroom/one-bathroom units. Each unit is tenant-heated with individual HVAC systems, ample storage space, and an on-site laundry facility. The location is approximately eight miles southwest of the Chicago Loop, providing convenient access to Interstates 55 and 290, as well as nearby CTA Pink Line and Cicero Metra train stations.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: $775,000.00
- Seller's Rep: Andrean Angelov - Marcus & Millichap
- Buyer: Unknown
- Seller: Unknown
Key individuals involved in this deal include Andrean Angelov, Ryan D. Engle, and Samuel M. Antreasian, who are all affiliated with Marcus & Millichap’s Chicago Oak Brook office. They exclusively marketed the property on behalf of the seller, while Angelov and Engle also represented the buyer in this transaction.
Cicero MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Cicero multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.47%
Cash-on-Cash
-5.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93