Marcus & Millichap Real Estate Investment Services has completed the sale of Accent Apartments, a 72-unit apartment property located in Bensenville. The asset sold for $5.1 million.
Ryan Engle and Andrean Angelov, 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 by investment specialists in Marcus & Millichap’s Chicago downtown office.
Accent Apartments located at 1001, 1002 and 1004 Argyle St. sold in 14 days. The portfolio consists of three 24-unit apartment buildings located in Bensenville. The property comprises 45 one-bedroom/one-bathroom units and 27 two-bedroom/one-bathroom units. The property is heated by hot water base board heat and cooled by sleeve air conditioning units. It also features ample parking, one storage space per unit and an on-site laundry facility.
