Multifamily Property At 417 Park Street Sold For $3.85M In Bensenville
417 Park Street & 240 North Walnut Street
$3,854,166
$103/SF
Building Size
37,400 SF
Asset Type
MultiFamily
Closing
Feb 24, 2025
AI
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.
Bensenville 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93