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

Property Image
SOLD
$1,530,000

Illinois

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MultiFamily1 SF
Sold 10/24/2024
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Property Image
SOLD

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

912 Lacey Avenue

See Similar Deals
MultiFamily1 SF
Sold 10/24/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$1,530,000
Total Square Footage:1 SF
Transaction Type:Sale

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
42 deals$279.1M volume
BROKER

Anthony Citriglia
Essex Realty Group
30 deals$93.4M volume
BROKER

Mariano Mollo
 Avenue 1 Realty Group
5 deals$14.6M volume(773) 682-9045
BROKER

Details

SOLD
IMAGE: Anthony Citriglia, Brian Karmowski & Mariano Mollo DATE: 10/24/2024 ADDRESS: 912-914 Lacey Avenue MARKET: Lisle ASSET TYPE: Multifamily BROKERS: Brian Karmowski, Mariano Mollo & Anthony Citriglia - Essex Realty Group SALE PRICE: $1,530,000 UNITS: 12 ~ PPU: $127,500

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

$81,600.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,435.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,252.98
Annual Debt Service$87,035.77