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Multifamily Property At 417 Park Street Sold For $3.85M In Bensenville

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SOLD
$3,854,166

Illinois

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MultiFamily37,400 SF
Sold 02/24/2025
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Property Image
SOLD

Multifamily Property At 417 Park Street Sold For $3.85M In Bensenville

417 Park Street & 240 North Walnut Street

See Similar Deals
MultiFamily37,400 SF
Sold 02/24/2025
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$103
Total Square Footage:37,400 SF
Transaction Type:Sale

The multifamily property located at 417 Park Street & 240 North Walnut Street in Bensenville was sold for $3,854,166. This property comprises 24 units and has a total square footage of 18,700, resulting in a price per unit of $160,590 and a price per square foot of $206.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,854,166
  • Address: 417 Park Street & 240 North Walnut Street
  • Market: Bensenville
  • Units: 24
  • Square Footage: 18,700
  • Price Per Unit: $160,590
  • Price Per Square Foot: $206

Anthony Citriglia from Essex Realty Group represented the seller in this transaction, facilitating the sale process and ensuring all procedures were adhered to during the transaction.

Players

Anthony Citriglia
30 deals$93.4M volume
BROKER

Details

SOLD
IMAGE: Anthony Citriglia DATE: 02/24/2025 ADDRESS: 417 Park Street & 240 North Walnut Street MARKET: Bensenville ASSET TYPE: Multifamily BROKER: Anthony Citriglia (@Mr_Multifamily) (@Mr.MultifamilyNews) - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $3,854,166 UNITS: 24 ~ PPU: $160,590 SF: 18,700 ~ PPSF: $206

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

$205,555.50

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,693.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,270.71
Annual Debt Service$219,248.56