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
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