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403 Duane Street, Glen Elly...

Updated Dec 21, 2023

Andy Zubek Acquires Multifamily Property On Duane St, Glen Ellyn For $2.4M
SOLDMultiFamily

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

About this deal

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.

On the Map

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$2,400,000

$324/SF

MultiFamily

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Players

Clay Maxfield

Quantum Real Estate Advisors

Broker

$27.5M

vol

10 deals

Broker
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Glen Ellyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $324 per square foot on a published $2.4M for 7,400 square feet (2022).

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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

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