Multifamily Property At 405 Austin Street In Downers Grove Sold For $2.15M

The asset involved in this transaction is a multifamily property located at 405 Austin Street in Downers Grove. It consists of 14 units and was sold for $2,150,000, resulting in a per unit price of $153,571. The total square footage of the property is 1, with a corresponding price per square foot at $2,150,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,150,000
• Units: 14
• Price Per Unit: $153,571
• Square Footage: 1
• Price Per Square Foot: $2,150,000

The transaction was facilitated by brokers Brian Karmowski, Anthony Citriglia, Jimmy Donahue, and Karla Galva from Essex Realty Group, representing the parties involved in the deal.