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Marcus & Millichap arranges sale of a 30-unit apartment building in Alsip

November 30, 2023
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Marcus & Millichap announced the sale of a 30-unit apartment property located at 3700 West 119th Street in Alsip, Illinois.

Ryan D. Engle, senior managing director, Andrean Angelov, senior vice president, and Zack Mahoney, associate, 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 and represented by Engle and Angelov.

The property has convenient access to Interstate 294, Interstate 57 and Route 50 and is walking distance to a PACE bus stop. The area is surrounded by numerous local and national retail and dining outlets. Originally built in 1968, the property features a desirable unit mix of mostly two-bedroom units. The property has ample off-street parking, designated tenant storage, an on-site laundry facility and balconies or patios for each unit.

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