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

Marcus & Millichap arranges sale of 144-unit apartment property

January 2, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Marcus & Millichap announced the sale of Heartland Village Apartments, a 144-unit apartment property located in Normal, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $9,250,000.

Eric P. Bell, senior managing director investments, with the assistance of team member Jordan Callaway, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller. Bell also represented the out-of-state buyer.

Heartland Village Apartments is located at 1710-1791 Putnam Avenue, less than one-half mile from Heartland Community College and under two miles from Illinois State University. This 144-unit, 288-bedroom student housing property was constructed in 2007 and consists of all large two-bedroom/one-and-three-quarter-bathroom units.

The fully-furnished units feature in-unit laundry and kitchens with a breakfast bar. Tenants enjoy access to a clubhouse, fitness center, outdoor pool and on-site parking. Located just on-half mile from Interstate 55, the property allows for easy access to travel to Chicago, Springfield, Illinois and St. Louis.

Tags
IllinoisMarcus & MillichapNormalStudent Housing
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasHealthcareOffice

Cushman & Wakefield arranges 18,730-square-foot lease on behalf of DECA Dental Group

May 27, 2022
IllinoisCRE

Brokers: Need to improve your technology game? Here are five ways…

Sam BadgerMay 27, 2022
KansasHealthcare

Montecito Medical acquires 33,600-square-foot surgery center in Wichita

May 27, 2022
TexasIndustrial

Loomis expands Houston presence with new location

May 27, 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