Marcus & Millichap announced the sale of 6820 S. Perry Ave., a 19-unit apartment property located in Chicago, Illinois, according to Joseph Powers, regional manager of the firm’s Chicago Downtown office. The asset sold for $1,325,000.
James Ziegler and Keith Zelenika, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a local private investor. The buyer, a Michigan-based private investor, was secured and represented by Ziegler and Zelenika.
6820 S. Perry Ave. is located in the Greater Grand Crossing neighborhood of Chicago, Illinois. This property’s well-maintained 19-unit building was constructed in 1926, and the unit mix consists of all two-bedroom, one-bathroom units with very large unit layouts.
