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
$18,100,000
$441,463/SF
Building Size
41 SF
Asset Type
Retail
Closing
Nov 16, 2022
AI
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.
Players
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93