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5758 West 35th Street

Cicero Multifamily Sold For $1.525M With Brokers Alen Redzic & James Clough
SOLDMultiFamily

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

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.

Players

James Clough

Real Realty

Broker

$46.2M

vol

11 deals

Broker

Cicero MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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