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IllinoisMultifamily

Marcus & Millichap arranges sale of eight-unit apartment building in Lombard

September 6, 2023
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Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of an eight-unit apartment property located at 19 North Garfield Street in Lombard, Illinois.

Senior Managing Director Investments Ryan D. Engle and Senior Vice President Investments Andrean Angelov 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 355 and Route 64 and is within walking distance to the Lombard Metra Station. The area is surrounded by numerous local and national retail and dining outlets. Originally built in 1962, the building features a unit mix of one-bedroom and two-bedroom units, updated units, ample off-street parking, designated tenant storage and an on-site laundry facility.

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