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403 Duane Street, Glen Elly...

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

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.

Players

Clay Maxfield

Quantum Real Estate Advisors

Broker

$27.5M

vol

10 deals

Broker

Glen Ellyn 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

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93