Cambridge Realty Capital Companies Provides $12.7M Loan For Medical Facility In Cicero, IL
6120 W Ogden Ave, Cicero, IL, USA
$12,722,300
$3,220/SF
Building Size
3,950 SF
Asset Type
Other
Closing
Sep 6, 2021
AI
A medical facility located at 6120 W Ogden Ave in Cicero, IL was recently involved in a closed transaction. The facility, featuring 249 beds, was the subject of a loan deal.
Summary of transaction details:
- Asset Type: Medical Facility
- Address: 6120 W Ogden Ave, Cicero, IL
- Market: Cicero, IL
- Loan Amount: $12,722,300
- Loan Terms: Fully amortized, 35-year loan
The loan was provided by Cambridge Realty Capital Companies, represented by Jeffrey A. Davis. The transaction involved a loan amount of $12,722,300 with fully amortized terms over a 35-year period.
Players
Cicero Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93