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439 West Stevens Drive

Updated Jan 14, 2026

Anthony Citriglia Of Essex Realty Group Represents Sale Of 23 Unit Multifamily In Addison For $3.29M
SOLDMultiFamily

Anthony Citriglia Of Essex Realty Group Represents Sale Of 23 Unit Multifamily In Addison For $3.29M

439 West Stevens Drive

$3,290,000

$166/SF

Building Size

19,730 SF

Asset Type

MultiFamily

Closing

Dec 22, 2025

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 439 West Stevens Drive in Addison. The sale price for the property was $3,290,000, consisting of 23 units. The building encompasses a total square footage of 19,730, resulting in a price per unit of $143,043 and a price per square foot of $166.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,290,000
  • Units: 23
  • Square Footage: 19,730
  • Price Per Unit: $143,043
  • Price Per Square Foot: $166
  • Date of Transaction: 12/23/2025
  • Broker: Anthony Citriglia - Essex Realty Group

Anthony Citriglia represented the seller in this transaction through Essex Realty Group, facilitating the deal in the multifamily asset market. The involvement of the brokerage was instrumental in the successful completion of the sale.

On the Map

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$3,290,000

$166/SF

MultiFamily

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Players

Anthony Citriglia

Essex Realty Group

Broker

$102.6M

vol

34 deals

Broker
Essex Realty Group
Essex Realty GroupBrokerage
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Addison MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $166 per square foot on a published $3.3M for 19,730 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.82%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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