October 27, 2022 – Jonah Carman of Horvath & Tremblay has successfully completed the sale of six (6) multi-family units in Bensenville, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $621,000.
The multi-family investment property, located at 1090 Judson Street in Bensenville, Illinois, is comprised of six (6) multi-family units. The three-story, brick building was constructed in 1979 and contains six (6) total units made up of three (3) 2-Bedroom/1-Bathroom units, and three (3) 1-Bedroom/1-Bathroom units in 5,400 square feet of living area and 6,615 square feet of gross area on a 0.38-acre parcel. The Property offers individual patios and balconies and twelve (12) on-site parking spaces. Each unit is separately metered for electricity with electric heat and hot water, which the Tenants pay directly. The Landlord is solely responsible for water and sewer. The Property is well-located in a quiet residential community with ample parking and green space, just a few blocks away from Grand Avenue and S York Road, the areas primary commercial corridors. The property offers convenient access to grocery stores, restaurants, and numerous other retail amenities. 1090 Judson Street is ideally positioned for commuters with quick and convenient access to public transportation (the Bensenville METRA Station and numerous Pace bus lines) and Interstate 290, Interstate 294, and US Route 20.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.