Stan Johnson Co. Brokers $13.7M Retail Sale In Chicago
SOLD
$13,700,000
Illinois
See Similar DealsRetail83,652 SF
Sold 06/07/2022
SOLD
Stan Johnson Co. Brokers $13.7M Retail Sale In Chicago
3925 North Cicero Avenue, Chicago, Illinois 60641, United States
See Similar DealsRetail83,652 SF
Sold 06/07/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$163
Total Square Footage:83,652 SF
Transaction Type:Sale
A retail property located at 3925 N Cicero Ave in Chicago, Illinois has been sold for a total price of $13,700,000. The property has a total square footage of 83,652 with a price per square foot of $164.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $13,700,000
- Address: 3925 N Cicero Ave, Chicago, IL
- Market: Chicago
- Broker: Mike Sladich - Stan Johnson Co.
- Square Footage: 83,652
- Price Per Square Foot: $164
The sale was facilitated by Mike Sladich from Stan Johnson Co. He represented the buyer and/or seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$730,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$48,673.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$64,944.99
Annual Debt Service$779,339.87
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