Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Advertise
  • Real Estate Awards
  • Login/Register

Arora Investment Group acquires two apartment properties in Riverdale

June 28, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Arora Investment Group has acquired two 12-unit apartment buildings in Riverdale, Illinois. The properties, located across the street from each other at 14044 and 14101 S. School Street, traded for a combined total of approximately $300,000.00, or $12,500.00 per unit. Adam Fortino, a multifamily specialist in Marcus & Millichap’s Chicago-Oakbrook office, facilitated the deal.

The three-story buildings are comprised of 11 one-bedroom/one-bathroom units and 13 two-bedroom/one-bathroom units, ranging from 650 to 750 square feet and totaling 17,000 square feet between the two structures. Sonny Arora and Kevin Arora, principles of Arora Investment Group, will oversee management the properties through their sister company, The Hazur Group.

The buildings include on-site laundry, common areas and parking lots. The Aroras plan to remodel the properties’ exteriors and interiors and to purchase more buildings in the same area.

Tags
Arora Investment GroupIllinoisMarcus & MillichapmultifamilyRiverdaleThe Hazur Group
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Chicago’s Interra Realty names new director

February 24, 2021
TexasOffice

Stream Realty Partners tackling leasing and marketing of 54,000-square-foot office development in Fort Worth

February 24, 2021
OhioRetail

Colliers to handle leasing at 600,000-square-foot retail power center in Ohio

February 24, 2021
MichiganRetail

Marcus & Millichap sells Office Depot-anchored center in Michigan

February 24, 2021

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Advertise
  • Office Locations
© 2021 REjournals.com