Marcus & Millichap brokered the sale of a 12-unit apartment property located in Glen Ellyn, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,060,000.
The buyer, a private investor, was secured and represented by Randolph Taylor, associate, and multifamily investment specialist in Marcus & Millichap’s Chicago Oak Brook office.
The property is located at 30 Briar Street in Glen Ellyn, with easy access to Interstate 355. The property is a well-maintained, fully occupied, 12-unit multifamily property consisting of all two-bedroom/one-bathroom units. The property was sold to a repeat buyer for the agent and the firm in an all-cash transaction.