Updated Oct 13, 2026
Rockwell Partners Acquires Multifamily Property In Glendale Heights For $80.1M
440 Gregory Avenue, Glendale Heights, IL, USA & 440 Gregory Avenue, Glendale Heights, IL, USA
$80,110,000
$169/SF
Building Size
236,744 SF
Asset Type
MultiFamily
Closing
Nov 5, 2020
About this deal
AI
The multifamily property located at 440 Gregory Avenue in Glendale Heights has been sold in a closed transaction. The deal was facilitated by broker Pat Dempsey from Walker & Dunlop. The transaction involved a loan provided by Rockwell Partners.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $80,110,000
- Loan Terms: Two years of interest-only payments, and a flexible prepayment schedule
The property at 440 Gregory Avenue was sold with the assistance of broker Pat Dempsey from Walker & Dunlop. The loan provided by Rockwell Partners amounted to $80,110,000. The loan terms allowed for two years of interest-only payments and included a flexible prepayment schedule. The transaction details underline the significance of the deal and the involvement of key individuals and companies.
On the Map
$80,110,000
$169/SF
MultiFamily
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Players
Glendale Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93