HFF has announced today that it has been named to market for sale Avalon Lombard, a 256-unit multi-housing community in Lombard.
HFF is marketing the property on behalf of the seller for an undisclosed amount free and clear of debt.
Avalon Lombard is located at 2101 S. Finley Road close to the intersection of Interstates 355 and 88 about 22 miles west of downtown Chicago. The property was partially renovated in 2009 and has one- and two-bedroom units averaging 789 square feet each. Community amenities include a clubhouse, fitness center, WiFi lounge, game room and outdoor pool. Avalon Lombard is 96.5 percent leased.
The HFF investment sales team representing the seller is led by Managing Director Marty O’Connell, Executive Managing Director Matthew Lawton and Managing Director Sean Fogarty.
