Updated Feb 5, 2025
Cicero Multifamily Sold For $1.525M With Brokers Alen Redzic & James Clough
5758 West 35th Street
$1,525,000
$136/SF
Building Size
11,200 SF
Asset Type
MultiFamily
Closing
Dec 15, 2024
About this deal
AI
The asset involved in this transaction is a multifamily property located at 5758 West 35th Street in Cicero. The sale price for the property was $1,525,000. The building comprises 16 units and has a total square footage of 11,200, resulting in a price per unit of $95,312 and a price per square foot of $136.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,525,000
- Units: 16
- Total Square Footage: 11,200
- Price Per Unit: $95,312
- Price Per Square Foot: $136
The brokers managing this transaction are Alen Redzic and James Clough from Real Realty, representing the parties involved in the sale of the property.
On the Map
$1,525,000
$136/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93