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Horvath & Tremblay Brokers Sell Mixed-Use Property In Berwyn, IL For $3.5M

3419 South Harlem Avenue
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This Mixed-use property located in IL was sold for $3,525,000 about 2 years ago. The brokers of the deal were John Przybyla, Andrew O'Connell, and Anthony Spangler

A mixed-use property located at 3419 S Harlem Avenue in Berwyn, IL has been sold for $3,525,000. The property consists of 4 retail units and 40 1-bedroom apartments, totaling 44 units. With a total square footage of 40,000, the property was sold at a price per square foot of $88. The transaction took place on February 7, 2022. The property is estimated to have a 7.5% Cap Rate.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,525,000
  • Units: 44
  • Price per Unit: $80,114
  • Square Footage: 40,000
  • Price per Square Foot: $88

The sale of this mixed-use property was facilitated by brokers Anthony Spangler, Andrew O'Connell, and John Przybyla from Horvath & Tremblay. Their expertise and representation were crucial in successfully closing the deal.

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Deals
  • Location
    3419 South Harlem Avenue, Berwyn, Illinois 60402, United States3419 South Harlem Avenue, Berwyn, Illinois 60402, United States
  • Sale Price
    $3,525,000$3,525,000
    $88 PPSF$88 PPSF
  • Area
    40,000 SF40,000 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

John Przybyla

John Przybyla

Deals17
Sold$45M

Agency

Horvath & Tremblay

Horvath & Tremblay

Agency
Deals642
Volume$2.5B

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Deal Summary

SALE IMAGE: Andrew O'Connell, John Przybyla & Anthony Spangler DATE: 02/07/2022 ADDRESS: 3419 S Harlem Avenue MARKET: Berwyn, IL ASSET TYPE: Mixed-use BROKERS: Anthony Spangler (@_Anthony_Spangler_), Andrew O'Connell & John Przybyla - Horvath & Tremblay SALE PRICE: $3,525,000 UNITS: 44 ~ PPU: $80,114 SF: 40,000 ~ PPSF: $88 NOTE: The 44 Unit Mixed Use Property sold for $3,525,000, 4 Retail Units & 40 1 Bedroom Apartments, 7.5% Cap Rate

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3419 South Harlem Avenue

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