Marcus & Millichap announced the sale of a 15-unit apartment property located in Zion, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $628,333.
Andrean Angelov, first vice president investments, Ryan D. Engle, senior vice president investments, and Timothy B. Stephenson Jr., an associate, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and also represented the buyer.
The property is located at 2301 20th Street in Zion. The unit mix is comprised of three one-bedroom/one-bathroom units and 12 two-bedroom/one-bathroom units. The property features ample off-street parking, garage parking and on-site laundry facilities. Located less than two miles from the Zion Metra station, the property offers convenient access to Chicago via the Union Pacific North line.
