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

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SOLD
$2,035,000

Illinois

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MultiFamily11,056 SF
Sold 07/17/2025
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SOLD

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

329 North Ardmore Avenue

See Similar Deals
MultiFamily11,056 SF
Sold 07/17/2025
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$184
Total Square Footage:11,056 SF
Transaction Type:Sale

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
30 deals$93.4M volume
BROKER

Essex Realty Group
BROKERAGE

Details

SOLD
IMAGE: Anthony Citriglia DATE: 07/17/2025 ADDRESS: 329-331 North Ardmore Avenue MARKET: Villa Park ASSET TYPE: Multifamily BROKER: Anthony Citriglia (@Mr_multifamily) - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $2,305,000 UNITS: 16 ~ PPU: $144,062 SF: 11,056 ~ PPSF: $289.88

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$108,533.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,229.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,646.94
Annual Debt Service$115,763.26