Updated Jun 17, 2026
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
About this deal
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.
On the Map
$2,950,000
$134/SF
MultiFamily
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Players
Villa Park 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
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93