SOLD
Legacy Real Estate Advisors Represents Buyer In $2M Retail Sale In Cicero, IL
6101 West Ogden Avenue
Retail
7,462 SF
7,462 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
Retail
7,462 sqft
The retail property located at 6101 W Ogden Avenue in Cicero, IL has been sold. The transaction closed on September 29, 2022. The property spans over 7,462 square feet and was sold for a price of $2,000,000, resulting in a price per square foot of $268. The buyer's representative for this deal was Ray Shammamie & Malak Hanakachal from Legacy Real Estate Advisors, while the seller's representative was Vickie C. Soupos from Colovos | Soupos Group - RE/MAX Destiny.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,000,000
- Square Footage: 7,462
- Price per Square Foot: $268
- Address: 6101 W Ogden Avenue, Cicero, IL
- Market: Cicero, IL
The COLOVOS | SOUPOS Group of RE/MAX Destiny represented the seller, Tri Pegasus, in this transaction. Despite receiving multiple offers and with only 3.5 years left on the lease, the property closed at a 6.9% capitalization rate. This successful sale allowed the seller to reinvest in other commercial opportunities.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Vickie C. Soupos
DATE: 09/29/2022
ADDRESS: 6101 W Ogden Avenue
MARKET: Cicero, IL
ASSET TYPE: Retail
BUYER'S REP: Ray Shammamie & Malak Hanakachal - Legacy Real Estate Advisors
SELLER'S REP: Vickie C. Soupos (@VickieSoupos) - Colovos | Soupos Group (@ColovosSouposGroup) - RE/MAX Destiny (@Remax_Destiny_IL)
SALE PRICE: $2,000,000
SF: 7,462 ~ PPSF: $268
NOTE FROM BROKERS: The COLOVOS | SOUPOS Group of RE/MAX Destiny is pleased to have represented the seller, Tri Pegasus, in this transaction. After receiving multiple offers and with only 3.5 years left on the lease, this asset closed at a 6.9% cap rate, allowing the seller to invest in other commercial opportunities.View on map
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Address6101 West Ogden Avenue
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