Essex Realty Group, LLC is pleased to announce the successful closing of the Park & Walnut Portfolio, a 24-unit multifamily investment opportunity comprised of two (2) twelve-unit buildings constructed in 1989. The property features a highly desirable unit mix of twenty-one (21) 2Bd/2Ba units, one (1) 2Bd/1Ba unit, and two (2) 1Bd/1Ba units. The buildings were 100% occupied and provide investors with immediate in-place cash flow.

The portfolio presented a clear value-add opportunity through rent increases and implementation of a structured garage parking program. At stabilization, scheduled gross income is projected to increase by approximately 37%. As a result, Net Operating Income is forecasted to grow by nearly 49%, creating a meaningful improvement in overall asset performance and yield.

Marketed exclusively by Essex, the offering benefited from a highly concentrated marketing process that placed the property directly in front of the right pool of qualified buyers, generating more than 25 tours within the first two weeks and 6+ offers. The property ultimately sold over the asking price and achieved the highest price per unit of any comparable-vintage multifamily property in Bensenville. This result is a testament to strong buyer demand for well-located DuPage County multifamily assets, as well as the property’s fully occupied cash flow, below-market in-place rents, and untapped garage parking income.

Located approximately 20 miles northwest of downtown Chicago, Bensenville is a well-positioned DuPage County suburb offering exceptional regional accessibility and a durable employment base. The village sits immediately south of O’Hare International Airport and benefits from convenient access to I-290, I-294, Route 83, and the Metra Milwaukee District West Line, providing direct rail service to downtown Chicago and surrounding employment centers. This connectivity supports strong commuter appeal and long-term housing demand.

Bensenville features a balanced mix of established residential neighborhoods, commercial corridors, and industrial properties tied to aviation, logistics, and distribution sectors. Its proximity to O’Hare drives a consistent workforce population, while nearby retail and business hubs in Elmhurst, Addison, and Wood Dale enhance livability. With stable infrastructure, accessible transportation, and a diverse employment base, Bensenville remains a well-connected and reliable submarket within the greater Chicago metropolitan area.

• 25+ Tours Within The First Two Weeks And 6+ Offers Generated Through Essex's Concentrated Marketing Process
• Closed Above The Asking Price.
• Highest Price Per Unit Achieved Among Comparable-Vintage Multifamily Properties In Bensenville.
• 88% Two-Bedroom/Two-Bathroom Unit Mix.
• In-Place Rents Approximately 25% Below Market.
• 37.5% Expense Ratio Supported By Tenant-Paid Utilities, Reflecting Efficient, Low-Maintenance Operations.
• 69 Total Parking Spaces (33 Garage / 36 Surface), With Unmonetized Garage Parking Providing Additional Income Upside.