Marcus & Millichap closed the sale of 1634 W. Thorndale Ave., a 12-unit multifamily property in Chicago. The property sold for $2,525,000.
Steve Rachman, Kyle Stengle and Ben Sacor, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
Built in 1924, the property features six one-bedroom and six two-bedroom floor plans across 11,400 rentable square feet. Located in Chicago’s Edgewater neighborhood, it is minutes from the new Peterson/Ridge Metra Station and close to Lake Michigan, Loyola University, and the dining and retail destinations of Andersonville and Edgewater.
