Essex Realty Group Acquires Berwyn Multifamily For $2.26M

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

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,258,000
• Units: 24
• Price per Unit (PPU): $94,083
• Square Footage (SF): 15,200
• Price per Square Foot (PPSF): $149

Congratulations to Essex Realty Group, Inc. Director Derek Kaptanoglu for representing the buyer or seller in this off-market closing. For further details regarding this transaction, you may contact Essex Realty Group, Inc.