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
  • Real Estate Awards
  • Subscribe
  • Publications

Joliet apartment property sells for $910,000

September 25, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Marcus & Millichap closed the sale of a 12-unit apartment property located in Joliet, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $910,000.

Adam Fortino, an investment specialist 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 was also a private investor.

This property is located at 508 Kungs Way in Joliet and consists of eight two-bedroom units, and four one-bedroom units. The property has many recent capital improvements including a new roof in 2012, new windows in 2002 and several recently renovated units. The property is 100 percent occupied.

Tags
IllinoisJolietMarcus & Millichapmultifamily
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisCRE

First Bank of Highland Park legally changes name to First Bank Chicago

July 1, 2022
TexasMultifamily

Colliers Mortgage closes $25.4M HUD 221(d)(4) loan for The Draper in Garland

July 1, 2022
IllinoisCREOffice

Godfrey Fire Protection District to build $6.5 million fire station and administrative building

July 1, 2022
MichiganIndustrial

Newmark negotiates sale of two-building industrial property in Detroit suburb

July 1, 2022

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
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com