Multifamily Property In Burbank, IL Sells For $14.6M By Anthony Spangler, Andrew O'Connell, & John Przybyla

A multifamily property located at 97 Pinehurst Court in Burbank, IL has been sold for $14,637,000. The transaction took place on December 21, 2020. The property consists of 173 units, with a price per unit (PPU) of $84,607. The property was sold at a cap rate of 6.8%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,637,000
• Units: 173
• Price per Unit (PPU): $84,607
• Cap Rate: 6.8%

The sale of this multifamily property was facilitated by brokers Anthony Spangler, Andrew O'Connell, and John Przybyla.