Essex Realty Group Inc. Sells Crestline Villa Apartments In Alsip For $17.3M

The Crestline Villa Apartments, located at 4209 W 115th Street in Alsip, has been sold in a recent transaction. The multifamily property consists of 144 units, with each unit having an average price per unit (PPU) of $120,139. The property spans across approximately 120,000 square feet, resulting in a price per square foot (PPSF) of $144. The sale price for the property was $17,300,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $17,300,000
• Units: 144
• PPU: $120,139
• SF: 120,000
• PPSF: $144
• Address: 4209 W 115th Street, Alsip

This transaction was facilitated by Abe Eilian from Essex Realty Group, Inc., who represented the buyer, and Brian Kochendorfer and Brian Karmowski, also from Essex Realty Group, Inc., who represented the seller. Their expertise and negotiation skills played a crucial role in the sale of this apartment building. Congratulations to all parties involved in this successful transaction!

For more information about this transaction, please contact Essex Realty Group, Inc. and they will be happy to assist you with any inquiries you may have.