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Marcus & Millichap Sells Multifamily Property In Downers Grove For $1.45M

405 Austin Street
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This MultiFamily property located in IL was sold for $1,450,000 about 3 years ago. The broker of the deal was Eric Bell

A multifamily property located at 405 Austin Street in Downers Grove has been sold for $1,450,000. This property consists of 14 units, with an average price per unit of $103,571.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Units: 14
  • Price Per Unit: $103,571
  • Address: 405 Austin Street, Downers Grove
  • Market: Downers Grove

The sale was facilitated by Eric P. Bell from Marcus & Millichap.

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Deals
  • Location
    405 Austin Street, Downers Grove, IL, USA405 Austin Street, Downers Grove, IL, USA
  • Sale Price
    $1,450,000$1,450,000
    $170 PPSF$170 PPSF
  • Area
    8,512 SF8,512 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Eric Bell

Eric Bell

Deals8
Sold$15.1M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Eric P. Bell DATE: 01/28/2021 ADDRESS: 405 Austin Street MARKET: Downers Grove ASSET TYPE: Multifamily BROKER: Eric P. Bell - Marcus & Millichap PRICE: $1,450,000 UNITS: 14 ~ PPU: $103,571

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405 Austin Street

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