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

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SOLD
$3,290,000

Illinois

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MultiFamily19,730 SF
Sold 12/23/2025
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Property Image
SOLD

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

439 West Stevens Drive

See Similar Deals
MultiFamily19,730 SF
Sold 12/23/2025
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$166
Total Square Footage:19,730 SF
Transaction Type:Sale

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.

Players

Anthony Citriglia
30 deals$93.4M volume
BROKER

Essex Realty Group
BROKERAGE

Details

SOLD
IMAGE: Anthony Citriglia DATE: 12/23/2025 ADDRESS: 439 West Stevens Drive MARKET: Addison ASSET TYPE: Multifamily BROKER: Anthony Citriglia (@Mr_multifamily) - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $3,290,000 UNITS: 23 ~ PPU: $143,043 SF: 19,730 ~ PPSF: $166

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

$175,466.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,688.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,596.28
Annual Debt Service$187,155.34