Brian Karmowski's Essex Realty Facilitates $11M Multifamily Sale On W. Algonquin Road, Chicago Suburbs

The multifamily property located at 644 W. Algonquin Road in the Chicago Suburbs of Des Plaines has been sold. The sale took place on August 25, 2021, and the transaction was facilitated by Brian Karmowski of Essex Realty. The property consists of 120 units and was sold for a total price of $11,000,000. This equates to an average price per unit of $91,667.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $11,000,000
• Units: 120
• Price per Unit: $91,667
• Broker: Brian Karmowski - Essex Realty

Brian Karmowski from Essex Realty represented the parties involved in the transaction. The sale of this multifamily property in Des Plaines marks a significant deal in the Chicago Suburbs market.