Andy Zubek Acquires Multifamily Property On Duane St, Glen Ellyn For $2.4M
403 Duane Street, Glen Ellyn, Illinois 60137, United States
$2,400,000
$324/SF
Building Size
7,400 SF
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
The multifamily property located at 403 Duane St in Glen Ellyn has been sold in a recent transaction. The property spans 7,400 square feet and consists of 4 units. The sale price for this transaction was $2,400,000, resulting in a price per unit of $600,000. The price per square foot was calculated to be $324.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 403 Duane St, Glen Ellyn
- Market: Glen Ellyn
Andy Zubek has purchased the property from Jeremy Szybowicz. Clay Maxfield from Quantum Real Estate Advisors, Inc. served as the seller's representative in this deal.
Glen Ellyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93