Marcus & Millichap brokered the sale of 2734-2750 Lauretta Place, an eight-unit apartment property located in Highland Park, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,245,000.
Andrean Angelov, first vice president, Ryan D. Engle, senior managing director, and Timothy B. Stephenson, associate, and 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 private investor, was secured and represented by Angelov, Engle and Stephenson.
The property is located at 2734-2750 Lauretta Place with convenient access to Routes 22 and 41 and Interstate 94. The property features a newer roof, tenant-paid heat, individual storage lockers and ample off-street parking. The townhouse-style units also feature central air conditioning, eat-in kitchens, private basements and in-unit laundry hookups.
