Essex Realty Group Acquires MultiFamily Property In Naperville For $7.75M

A multifamily property located at 1135 West Ogden Avenue in Naperville has been sold for a total of $7,750,000. The property consists of 48 units, with a price per unit of $161,458. The total square footage of the property is 39,400, resulting in a price per square foot of $197.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,750,000
• Units: 48
• Price per Unit: $161,458
• Square Footage: 39,400
• Price per Square Foot: $197

The sale of this multifamily property was facilitated by Derek Kaptanoglu and Brian Karmowski from Essex Realty Group, Inc. The deal involved the coordination and negotiation between the buyer, seller, and their respective representatives.