Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 12-unit apartment property located at 545-547 Ashland Avenue in Aurora, Illinois.
Ryan D. Engle, senior managing director, and Andrean Angelov, senior vice president, 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 Engle and Angelov.
The property has convenient access to Interstate 88, Route 30 and Route 25, and is two miles to the Aurora Metra Station. The area is surrounded by numerous local and national retail and dining outlets. Originally built in 1972, the all-electric building features all one-bedroom units, balconies for each unit, and ample off-street parking.
