Marcus & Millichap closed the sale of a six-unit apartment property located in Homewood, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $425,000.
This property is located at 17828 Park Avenue in Homewood and consists of four one-bedroom / one-bathroom and two three-bedroom / two-bathroom units. The property has been well maintained and features flexicore construction.
Adam Fortino, an investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and secured and represented the buyer—both of which are private investors.