Isaiah Harf Of Northmarq Brokers $18.1M Retail Sale At 6020 N. Cicero Ave In Chicago
SOLD
$18,100,000
Illinois
See Similar DealsRetail41 SF
Sold
SOLD
Isaiah Harf Of Northmarq Brokers $18.1M Retail Sale At 6020 N. Cicero Ave In Chicago
6020 North Cicero Avenue, Chicago, Illinois 60646, United States
See Similar DealsRetail41 SF
Sold
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$441,463
Total Square Footage:41 SF
Transaction Type:Sale
The retail property located at 6020 N. Cicero Avenue in Chicago has been sold for a total of $18,100,000. This property spans across 41,148 square feet and was sold at a price of $440 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,100,000
- Address: 6020 N. Cicero Avenue, Chicago
- Market: Chicago
- Square Footage: 41,148
- Price Per Square Foot: $440
- Broker: Isaiah Harf - Northmarq
The deal was facilitated by Isaiah Harf from Northmarq. His expertise and representation were instrumental in completing this transaction successfully.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$965,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$64,305.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,803.23
Annual Debt Service$1,029,638.81
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