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MultiFamily In Niles Sold For $1.05M With Buyer's Rep Betty Prejzner & Seller's Rep Gregorio Cirone

Property Image
SOLD
$1,050,000
Gregorio (Greg) Cirone
Betty Prejzner

Illinois

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MultiFamily
Sold 10/27/2023
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Property Image
SOLD

MultiFamily In Niles Sold For $1.05M With Buyer's Rep Betty Prejzner & Seller's Rep Gregorio Cirone

6925 North Rosemary Lane

See Similar Deals
MultiFamily
Sold 10/27/2023
Gregorio (Greg) Cirone
Betty Prejzner
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

In Niles, a multifamily property located at 6925 North Rosemary Lane was involved in a transaction. The property features and is situated in the market of Niles. The sale price for this property was $1,050,000.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,050,000
  • Address: 6925 North Rosemary Lane
  • Market: Niles

Betty Prejzner of XR Realtyrepresented the buyer in this deal, while Gregorio Cirone of USA Realty GroupInc. represented the seller.

In Niles, the multifamily property located at 6925 North Rosemary Lane was involved in a transaction. Betty Prejzner of XR Realty represented the buyer, while Gregorio Cirone of USA Realty Group Inc. represented the seller in the deal.

Players

Gregorio (Greg) Cirone
XR Realty
Gregorio Cirone
2 deals$2.1M volume(708) 415-6755
BROKER
Betty Prejzner
USA Realty Group
Betty Prejzner
2 deals$5.9M volume(630) 234-2104
BROKER

Details

SOLD
IMAGE: Gregorio Cirone & Betty Prejzner DATE: 10/27/2023 ADDRESS: 6925 North Rosemary Lane MARKET: Niles ASSET TYPE: MultiFamily BUYER'S REP: Betty Prejzner (@BettyPrejzner) - USA Realty Group Inc SELLER'S REP: Gregorio Cirone (@Greg_the_realtor) - XR Realty (@XRRealty) SALE PRICE: $1,050,000 NOTE: In Niles, the multifamily property located at 6925 North Rosemary Lane was involved in a transaction. Betty Prejzner of XR Realty represented the buyer, while Gregorio Cirone of USA Realty Group Inc. represented the seller in the deal.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$55,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43