Multifamily Property At 4747 West 19th Street In Cicero Sold For $5.98M
SOLD
$5,980,000
Illinois
See Similar DealsMultiFamily36,000 SF
Sold 07/25/2025
SOLD
Multifamily Property At 4747 West 19th Street In Cicero Sold For $5.98M
4747 West 19th Street
See Similar DealsMultiFamily36,000 SF
Sold 07/25/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$166
Total Square Footage:36,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 4747 West 19th Street in Cicero. The sale was finalized for a total price of $5,980,000, comprising 58 units within a total square footage of 36,000. The price per unit was $103,103 and the price per square foot was $166.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,980,000
- Number of Units: 58
- Total Square Footage: 36,000
- Price Per Unit: $103,103
- Price Per Square Foot: $166
The transaction was brokered by Mariano Mollo, representing Avenue 1 Realty Group. The sale details highlight the involvement of a professional office, ensuring the proper handling of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$318,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,245.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,348.25
Annual Debt Service$340,179.01
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