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329 North Ardmore Avenue

Anthony Citriglia Of Essex Realty Group Represents Sale Of Multifamily Asset In Villa Park For $2.305M
SOLDMultiFamily

Anthony Citriglia Of Essex Realty Group Represents Sale Of Multifamily Asset In Villa Park For $2.305M

329 North Ardmore Avenue

$2,035,000

$184/SF

Building Size

11,056 SF

Asset Type

MultiFamily

Closing

Jul 16, 2025

AI

The property asset involved in the transaction is a multifamily building located at 329-331 North Ardmore Avenue in Villa Park. The sale price was $2,305,000, and the asset comprises 16 units with a total square footage of 11,056, resulting in a price per unit of $144,062 and a price per square foot of $289.88.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,305,000
  • Units: 16
  • Square Footage: 11,056
  • Price per Unit: $144,062
  • Price per Square Foot: $289.88
  • Date of Sale: 07/17/2025
  • Broker: Anthony Citriglia - Essex Realty Group

Anthony Citriglia represented the buyer in this multifamily property transaction, ensuring the sale was successfully completed. The involvement of Essex Realty Group in the deal highlights the professional support provided throughout the transaction process.

Players

Anthony Citriglia

Essex Realty Group

Broker

$98.1M

vol

32 deals

Broker
Essex Realty Group
Essex Realty GroupBrokerage

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

7.80%

Cash-on-Cash

-2.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93