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3605 James Street

Anthony Citriglia Of Essex Realty Group Represents Buyer In $8.3M Sale Of McHenry Multifamily Property
SOLDMultiFamily

Anthony Citriglia Of Essex Realty Group Represents Buyer In $8.3M Sale Of McHenry Multifamily Property

3605 James Street

$8,300,000

$8,300,000/SF

Building Size

1 SF

Asset Type

MultiFamily

Closing

Oct 14, 2025

AI

The property involved in this transaction is a multifamily asset located at 3605 James Street in the McHenry market. The sale price was $8,300,000, with a total of 63 units, resulting in a price per unit of $131,746.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,300,000
  • Units: 63
  • Price Per Unit: $131,746
  • Buyer's Representative: Anthony Citriglia - Essex Realty Group
  • Seller's Representative: Brian Karmowski - Essex Realty Group
  • Date of Transaction: 10/15/2025
  • Address: 3605 James Street - James St. & Concord Manor Apartments

Anthony Citriglia represents the buyer in this transaction, while Brian Karmowski represents the seller. Both representatives are affiliated with Essex Realty Group, indicating a collaborative effort within the organization for this closed transaction.

Players

Brian Karmowski

Essex Realty Group

Broker

$286M

vol

43 deals

Broker

McHenry 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

1.91%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93