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MidwestCRE

Marcus & Millichap sells eight-unit apartment building

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services has sold 2121 St. Johns Ave., an eight-unit apartment property located in Highland Park. The asset commanded a sales price of $1.2 million.

Alan Katamanin, Andrean Angelov and Ryan Engle, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a limited liability company, was also secured and represented by Engle, Angelov and Katamanin.

The subject property at 2121 St. Johns Ave. sold in 13 days above its original list price. The asset is positioned near Highland Park High School and minutes from many retail stores, restaurants and businesses. The property is also located within walking distance from the Highland Park Metra train station and Pace bus stop.

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