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417 Park Street

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

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.

Players

Anthony Citriglia

Essex Realty Group

Broker

$98.1M

vol

32 deals

Broker

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