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

Property Image
SOLD
$2,150,000
Anthony Citriglia
Brian Karmowski
+ 1

Illinois

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MultiFamily1 SF
Sold 02/11/2026
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Property Image
SOLD

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

405 Austin Street

See Similar Deals
MultiFamily1 SF
Sold 02/11/2026
Anthony Citriglia
Brian Karmowski
+ 1
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$2,150,000
Total Square Footage:1 SF
Transaction Type:Sale

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.

Players

Brian Karmowski
42 deals$279.1M volume
BROKER

Anthony Citriglia
Essex Realty Group
30 deals$93.4M volume
BROKER

Jimmy Donahue
Essex Realty Group
8 deals$40.7M volume(312) 722-7917
BROKER

Karla Galva
Essex Realty Group
4 deals$8.8M volume(773) 305-4900
BROKER

Details

SOLD
IMAGE: Anthony Citriglia, Brian Karmowski, Jimmy Donahue & Karla Galva DATE: 02/11/2026 ADDRESS: 405 Austin Street MARKET: Downers Grove ASSET TYPE: Multifamily BROKERS: Brian Karmowski, Anthony Citriglia (@Anthony_Citriglia), Jimmy Donahue & Karla Galva - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $2,150,000 UNITS: 14 ~ PPU: $153,571 SF: 1 ~ PPSF: $2,150,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$114,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16