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MidwestCRE

Marcus & Millichap arranges the sale of a 10-unit apartment building

Staff Writer April 4, 2017
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Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a 10-unit apartment with one commercial space located in Chicago, IL, according to John M. Przybyla, regional manager of the firm’s Chicago Downtown office. The asset sold for $4,450,000.

Kyle Stengle, an investment specialist in Marcus & Millichap’s Chicago Downtown office, sold the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Kyle Stengle.

The property is located at 1429 North Sedgwick Street in Chicago, IL.

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