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912 Lacey Avenue

Lisle Multifamily Property Sold For $1.53M With Brokers Brian Karmowski Mariano Mollo Anthony Citriglia
SOLDMultiFamily

Lisle Multifamily Property Sold For $1.53M With Brokers Brian Karmowski Mariano Mollo Anthony Citriglia

912 Lacey Avenue

$1,530,000

$1,530,000/SF

Building Size

1 SF

Asset Type

MultiFamily

Closing

Oct 24, 2024

AI

The property asset involved in this transaction is a multifamily building located at 912-914 Lacey Avenue in Lisle. The sale price of the asset was $1,530,000, which equates to a per unit price of $127,500 for its 12 units.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,530,000
  • Units: 12
  • Price Per Unit: $127,500
  • Date of Sale: 10/24/2024
  • Address: 912-914 Lacey Avenue
  • Market: Lisle

The deal involved brokers Brian Karmowski, Mariano Mollo, and Anthony Citriglia from Essex Realty Group, who represented the parties involved in the transaction.

Players

Brian Karmowski

Essex Realty Group

Broker

$286M

vol

43 deals

Broker

Lisle 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

10.37%

Cash-on-Cash

-2.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93