Marcus & Millichap announced the sale of 6933 Stanley Avenue, a 19-unit apartment property and 1903 Euclid Avenue, a 17-unit apartment property, both located in Berwyn, IL, according to Steven D. Weinstock, Vice President/ Regional Manager of the firm’s Chicago Oak Brook office. The assets sold for $1,662,500.
Andrean Angelov and Ryan D. Engle, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Adam Fortino, an investment specialist in Marcus & Millichap’s Chicago Oak Brook office.
6933 Stanley Avenue consists of 19 one-bedroom / one-bathroom units and is located three blocks from the Berwyn Metra station, three miles from Midway Airport, two miles from the Stevenson Expressway and three miles from the Eisenhower Expressway. 1903 Euclid Avenue consists of 17 one-bedroom / one-bathroom units and is minutes from the Metra LaVergne Station and the CTA 54th and Cermark stations. Additionally, the building is just one-and-a-half miles from the Eisenhower Expressway and three miles from the Stevenson Expressway.
