Ryan Engle - Marcus & Millichap Represents Mark Sobiech In $1.3M Cicero Multifamily Sale
1426 South Cicero Avenue
15,000 SF
Summary
Located at 1426 South Cicero Avenue in Cicero, this multifamily property was recently sold in a closed transaction. The property spans 15,000 square feet and consists of 24 units. The sale price for this asset was $1,300,000, resulting in a price per square foot of $87. The purchase price per unit was $54,167. With a capitalization rate of 9.04%, this property offers a lucrative investment opportunity.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Square Footage: 15,000
- Units: 24
- Price Per Square Foot: $87
- Price Per Unit: $54,167
- Market: Cicero
The buyer in this transaction was Mark Sobiech, represented by Ryan Engle from Marcus & Millichap. On the other side, Tony Giannini served as the seller, while Christopher Malay, also from Marcus & Millichap, acted as the seller's representative. Their involvement highlights the key individuals and companies behind the deal.
Read LessPlayers
All
3
Agents
2
Agencies
1
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want