Essex Realty Group Acquires Multifamily Property In Berwyn, IL For $2.26M

A multifamily property located at 6701-05 Stanley Ave in Berwyn, IL has been sold in an off-market transaction. The property consists of 24 units with a total square footage of 15,200. The sale price for this transaction was $2,258,000, resulting in a per unit price of $94,083. The price per square foot was calculated at $149.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,258,000
• Address: 6701-05 Stanley Ave, Berwyn, IL
• Market: Berwyn

The sale of this multifamily property was facilitated by Derek Kaptanoglu from Essex Realty Group, Inc. He served as the broker in this transaction, representing the seller. For further details regarding this transaction, interested parties are advised to contact Essex Realty Group, Inc.