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3925 North Cicero Avenue, C...

Stan Johnson Co. Brokers $13.7M Retail Sale In Chicago
SOLDRetail

Stan Johnson Co. Brokers $13.7M Retail Sale In Chicago

3925 North Cicero Avenue, Chicago, Illinois 60641, United States

$13,700,000

$163/SF

Building Size

83,652 SF

Asset Type

Retail

Closing

Jun 6, 2022

AI

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.

Players

Mike Sladich

NorthMarq

Broker

$70.7M

vol

6 deals

Broker
Stan Johnson Company
Stan Johnson CompanyBrokerage

Chicago Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.16%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93