Anthony Citriglia Of Essex Realty Group Represents Buyer In $8.3M Sale Of McHenry Multifamily Property
SOLD
Illinois
See Similar DealsMultiFamily1 SF
Sold 10/15/2025
SOLD
Anthony Citriglia Of Essex Realty Group Represents Buyer In $8.3M Sale Of McHenry Multifamily Property
3605 James Street
See Similar DealsMultiFamily1 SF
Sold 10/15/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$8,300,000
Total Square Footage:1 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$442,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,488.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,346.23
Annual Debt Service$472,154.81
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