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1541-1545 South Ardmore Ave...

Peter Occhipini Sells Multifamily Asset At 1541-1545 South Ardmore Avenue For $2.95M
SOLDMultiFamily

Peter Occhipini Sells Multifamily Asset At 1541-1545 South Ardmore Avenue For $2.95M

1541-1545 South Ardmore Avenue, Villa Park, Il, 60181

$2,950,000

$134/SF

Building Size

22,005 SF

Asset Type

MultiFamily

Closing

Jun 11, 2026

AI

The property asset involved in this transaction is a multifamily building located at 1541-1545 South Ardmore Avenue in Villa Park. The sale price for the property was $2,950,000, which amounts to approximately $163,888 per unit for a total of 18 units. The property spans a total square footage of 22,005, resulting in a price per square foot of $134.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,950,000
  • Units: 18
  • Price Per Unit: $163,888
  • Square Footage: 22,005
  • Price Per Square Foot: $134
  • Market: Villa Park
  • Seller: Peter Occhipini
  • Broker Representatives: Joey Batliner, Anthony Munoz & Brianna Gulia - AJ Commercial Group
  • Seller Financing: Yes

This transaction involves several key individuals, including the seller Peter Occhipini and broker representatives Joey Batliner, Anthony Munoz, and Brianna Gulia from AJ Commercial Group, who facilitated the sale of this multifamily property.

Players

Anthony Munoz

AJ Commercial Group

Broker

$8.6M

vol

3 deals

Broker
AJ Commercial Group
AJ Commercial GroupBrokerage

Villa Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93