Updated Dec 20, 2023
Anthony Citriglia Of Essex Realty Brokers $3.7M Sale Of 12-Unit Multifamily Property In Highwood, IL
15 Clay Avenue, Highwood, Illinois 60040, United States
$3,700,000
$198/SF
Building Size
18,633 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
About this deal
AI
Located in the Chicago Suburbs of Highwood, IL, a multifamily property at 15 Clay Avenue has recently been sold for $3,700,000. The transaction was facilitated by broker Anthony Citriglia of Essex Realty. The property consists of 12 units, resulting in a per unit price of $308,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,700,000
- Address: 15 Clay Avenue, Highwood, IL
- Market: Chicago Suburbs
Anthony Citriglia from Essex Realty played a crucial role as the broker in this deal. Their expertise and market knowledge contributed to the successful sale of the multifamily property.
Highwood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93